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Garcetti, other U S mayors support guaranteed income plans
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Free money for all? Mayors hope local tests bring big change
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Free money for all? Mayors hope local tests bring big change
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The Women s Wealth Gap Glares Harsher than Ever, So It s Time to Close It
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California Lawmakers Approve Nation’s 1st Basic Income Plan
If approved by Gov. Newsom, California will be the first state to send unconditional monthly checks to residents. The $35-million plan will target former foster care children and pregnant Californians.
The California Capitol building.
SACRAMENTO, Calif. (CN) California will send monthly checks to adults exiting the state’s foster care system under a first-of-its-kind guaranteed income plan approved Thursday by lawmakers.
The taxpayer-funded program will allow qualifying pregnant residents and those aging out of the foster care system regardless of how much time they spent in the system to spend the cash assistance freely. Monthly payments could range up to $1,000 and the multi-year pilot program carries a $35 million price tag.