LA Considers $24 Million Universal Basic Income Program

5Mind. The Meme Platform
The Epoch Times

The city of Los Angeles could become the largest city in the nation to test a universal basic income program.

The pilot program, proposed as part of Los Angeles Mayor Eric Garcetti’s 2021–22 fiscal year budget proposal, would provide $1,000 monthly to 2,000 low-income families for one year.

The guaranteed basic income program would cost taxpayers $24 million and was set to be reviewed as part of the budget during a May 20 council meeting. After the budget and finance committee presents the financial blueprint to the city council, it will have until June 1 to adopt a budget.

Garcetti said the program is an effort to end poverty in Los Angeles.

“We’re betting that one small but steady investment for Angeleno households will pay large dividends for health and stability across our city and light a fire across our nation,” Garcetti wrote in a tweet about the program on April 19. He said it’s based on Dr. Martin Luther King’s call for income programs. “We’re showing what it takes to fulfill Dr. King’s call for a basic income once and for all.”

While Los Angeles’ proposal may be the largest of its kind, other cities have started similar programs. In Oakland, Calif., officials announced the city’s new Oakland resilient families program that is set to offer $500 per month for 18 months to low-income families of color, though it is privately funded.

Within the city of Los Angeles, certain councilmembers have looked into creating their own programs to provide income.

In District 9, Councilman Curren Price launched a program to provide $1,000 per month to 500 single-parent households for one year. Councilmembers Marqueece Harris-Dawson, Nury Martinez, and Mark Ridley-Thomas are considering ideas for their own programs.

In Los Angeles County as a whole, the board of supervisors voted to approve a proposal for a guaranteed income program on May 18, with one of the proposals calling to pay $1,000 per month to 1,000 residents for a minimum of three years. The program echoes a similar sentiment of a pursuit to end poverty and inequities, and each program allows residents to spend the money however they wish.

BY DREW VAN VOORHIS

Read Full Article on TheEpochTimes.com

Contact Your Elected Officials
The Thinking Conservative
The Thinking Conservativehttps://www.thethinkingconservative.com/
The goal of THE THINKING CONSERVATIVE is to help us educate ourselves on conservative topics of importance to our freedom and our pursuit of happiness. We do this by sharing conservative opinions on all kinds of subjects, from all types of people, and all kinds of media, in a way that will challenge our perceptions and help us to make educated choices.

Congress fumbles college sports

College sports landscape is a dumpster fire and every sports reporter, broadcaster and fan believes Congress needs to stay out of it.

The Hating Game

The Democrat Party game show should be titled "The Hating Game", played by pitting one class, race, or identity against another for political power.

The Invasion Of The Ballot Snatchers

As election results loom, California faces ballot controversies in a real-life political drama that raises concerns about election integrity.

The politics of perception

Shapiro relies on big-money fundraising, while Garrity’s campaign emphasizes local support and fiscal discipline.

The Coming Tsunami of AI Entertainment

If AI replaces creativity, critical thinking, imagination, discipline, and effort, it could be the greatest enabler of human decline.

Federal Government Pauses Funding to Los Angeles Homeless Agency Citing Fraud Allegations

HUD suspended federal funding to the LAHSA, cutting off millions of dollars to the L.A. region, over allegations of fraud and widespread mismanagement.

SpaceX Goes Public in Blockbuster Wall Street Debut

Elon Musk’s SpaceX began trading on June 12 at 10 a.m. under the SPCX ticker on the Nasdaq in what is the largest initial public offering (IPO) in history.

China’s New AI Agent Risks Trapping Western Tech in Rights Abuses: Analysts

China’s state-backed AI platform may suppress innovation through ideological controls while obscuring human rights abuses at home and abroad.

Trump Says He’s Nominating US Attorney Jay Clayton as Director of National Intelligence

President Trump said he is nominating Jay Clayton, the U.S. Attorney for the Southern District of New York, to be his director of national intelligence.

Trump Reopens Pacific Marine Monuments to Commercial Fishing

President Donald Trump on Thursday issued a proclamation reopening large portions of several Pacific marine national monuments to commercial fishing.

Trump Says US ‘Not Looking to Renew’ Trade Deal With Canada, Mexico Ahead of July Review

President Trump is considering not renewing the North American free trade deal, citing U.S. being better off without goods produced by Canada and Mexico.

DOJ Says It Will Comply With Court’s Block on ‘Anti-Weaponization Fund’

The Justice Department has hit pause on a proposed anti-weaponization fund after an unfavorable court ruling.

Trump Suggests Vance’s Anti-Fraud Efforts Could Save Social Security

The president made the comment at a Cabinet meeting...
spot_img

Related Articles

Popular Categories

MAGA Business Central