LOS ANGELES (CNS) — The largest Guaranteed Basic Income pilot program in the country was approved by the Los Angeles City Council on Tuesday, expanding the city’s initial $6 million investment to nearly $40 million to benefit 3,000 Angelenos.
The BIG:LEAP – Basic Income Guaranteed: Los Angeles Economic Assistance Pilot – program will give $1,000 in direct cash payments to families each month for 12 months. The no-strings-attached payments will be given to families who were impacted by the pandemic and are living in poverty.
More than a quarter of the participants will be residents of Councilman Curren Price’s district, Council […]
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