L.A. Set to Be Largest City to Offer Guaranteed Income for Poor
- Pilot program would offer $1,000 a month to families
- Mayor Garcetti to ask for $24 million from the city’s budget
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Los Angeles Mayor Eric Garcetti is proposing a guaranteed income program for poor residents, making it the largest U.S. city to test such a policy.
Garcetti will ask the City Council on Tuesday to set aside $24 million in next year’s budget to send $1,000 monthly payments to 2,000 low-income families in America’s second-largest city, the mayor said in an interview. Funds from council districts and other sources could bring the total to $35 million.