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California PACEs Action

Universal basic income? California moves to be first state to fund pilot efforts [calmatters.org]

 

By Jesse Bedayn, Cal Matters, July 16, 2021

Universal basic income was championed by Martin Luther King Jr., promoted by Silicon Valley citizens as the “social vaccine for the 21st century” and endorsed by 2016 presidential candidate Andrew Yang, but it has never really caught on.

Now its time may have come.

On Thursday California lawmakers approved the nation’s first state-funded guaranteed income program. Once the bill is signed by Gov. Gavin Newsom, cities and counties can apply for funding from a $35 million pool to support current or new pilots that prioritize foster youth who recently left the foster care system and pregnant mothers. The White House has also rolled out a form of guaranteed income in its new expanded Child Tax Credit that is part of the pandemic relief package.

[Please click here to read more.]

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