The plan would not create a statewide guaranteed income program but instead would help pay for local governments to start their own initiatives to target low-income families.
"We must fundamentally shift the idea that people who face financial insecurity have somehow failed," the proposed motion says.
"For families who can't think past the next bill, the next shift or the next health problem that they have, we can give them the space to not only dream of a better life, but to actualize it," Garcetti said of his proposal.
The program is predicated upon the Democratic talking point of "systemic racism" being to blame, suddenly, for all of society's problems.
The privately funded program will offer a guaranteed income to some of the poorest people in the city.
The initiative is a privately funded program that will give families $500 per month, and with no rules on how they spend it.
The 600 families chosen to participate will receive $500 monthly payments for 18 months.
Human flourishing requires developing a sense of meaning in life, which should be taken very seriously in UBI discussions.
The idea is supported by majorities of Republicans, Democrats and independents.
Using a fraction of the $1.9 billion Chicago is set to receive from the American Rescue Plan, legislators could send $500 monthly payments to 5,000 families.
Former Democratic presidential candidate and philanthropic entrepreneur Andrew Yang tops the crowded field of New York City mayoral hopefuls, a new poll finds.
What would a Mayor Yang do? The entrepreneur-turned-politician on the pandemic, the police, universal basic income—and bicycle lanes. He'd be the city's first Asian-American mayor.
The former Democratic presidential candidate benefits from high name recognition, with 84 percent of likely voters in the city saying they've heard of him.
The billionaire co-founder of the social networking giant announced on Thursday that he was investing the funds into the Mayors for a Guaranteed Income, a universal basic income project.
Guaranteed income is a powerful tool to fight structural inequities afflicting American society.
The Change.org petition calls on the presumptive Democratic presidential nominee to endorse monthly payments of $2,000 amid the pandemic.
A new book reveals a real-life "Lord of the Flies" that demonstrates that we can be good to each other even under the most dire circumstances.
Yang pushed a version of UBI that would set up a permanent system for paying every American adult $1,000 per month: an idea that seemed naive but is now in the mainstream political debate.
"We need to provide our families with support right now. We have no time to waste," Congressman Joe Kennedy III tweeted on Wednesday.
"It would be immensely helpful right now in this time of crisis," Yang said. "I think it should $1,000 per month of economic lockdown.
Reps. Tulsi Gabbard and Alexandria Ocasio-Cortez are supporting the adoption of universal basic income to combat the COVID-19 pandemic, with Gabbard introducing a House bill that would provide $1,000 a month to every American adult during the health crisis.
A proposed California law would give almost every adult in the state $1,000 per month, similar to the universal basic income plan of former presidential candidate Andrew Yang.
Businessman Andrew Yang said at the Thursday Democratic debate that if Universal Basic Income were the law, he wouldn't be the only non-white presidential candidate on the stage.
Presidential candidate Andrew Yang has proposed giving all American adults $1,000 per month — "no strings attached" — in universal basic income.
"You've probably heard this: There's an Asian man running for president, and he wants to give everyone $1,000 a month," Yang has said at recent rallies.
"This is the trickle-up economy, not the trickle-down economy," Andrew Yang said.
Estimates suggest that almost half of all U.S. jobs are at risk of being replaced by AI.