Los Angeles Mayor Eric Garcetti has proposed a guaranteed basic income pilot program, which would make L.A. the largest U.S. city to run such a program.
Mayor Eric Garcetti: “This year, Los Angeles will launch the largest guaranteed basic income pilot of any city in America. We have budgeted $24 million to provide $1,000 a month to 2,000 households for an entire year, no questions asked.”
Data from a similar initiative in Stockton, California, has shown recipients had greater success in finding employment and improved mental health. Around one in five people in Los Angeles lives in poverty.
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