California working with philanthropic groups on pilot guaranteed income program

California working with philanthropic groups on pilot guaranteed income program

California Gov. Gavin Newsom talking to reporters in Sacramento, Calif. (AP Photo/Rich Pedroncelli) (The Center Square) – California is launching a universal basic income pilot program, Governor Gavin Newsom’s office announced.

California is launching its Guaranteed Income Pooled Fund. The program is, “a philanthropic endeavor to help organizations fund their Guaranteed Income Pilot Programs by helping pilot projects unlock more than $25 million in grants from the state,” according to the release.

“As people across the country struggle with global inflation, this guaranteed income pilot program provides some much-needed support and breathing room for the most vulnerable Californians,” Newsom said in […]

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