$1,000 a month with no strings attached: Guaranteed basic income could be coming to L.A.

Los Angeles is poised to become the latest city to try universal basic income

Mayor Eric Garcetti included a $24-million Basic Income Guaranteed program in his city budget to be released Tuesday. L.A. would become the biggest city to try the concept, possibly joining Stockton, Compton and others. If approved by the Los Angeles City Council, the program would provide $1,000 a month to 2,000 Los Angeles families for a year. There will be no obligation on how to spend the money, according to the mayor’s office.

“When you give money to people who are poor, it creates better outcomes,” the mayor said. “It covers child care. It puts food on the table. It leads to more high school graduations and better checkups.” Already, the Los Angeles City Council has unveiled plans to spend more than $11 million in funds diverted from the Los Angeles Police Department budget on such programs in South L.A. and the San Fernando Valley.


Comments are closed.