Universal basic income (UBI) has been a “lifesaver” for households participating in UBI pilot programs, Mayor Michael Tubbs told Yahoo Finance.
The Stockton, Calif. mayor is the founder of Mayors for a Guaranteed Income , a program that provides $500 a month to families in dozens of cities around the United States and was originally slated to end in July. The program recently received a sizable boost after Twitter ( TWTR ) CEO Jack Dorsey donated $15 million to the initiative.
“People have told us that the $500 has made it so that they’re able to have enough food in their […]
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