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A California city to launch nation’s largest city-led universal basic income pilot program
https://www.siliconvalley.com/2020/10/20/a-california-city-is-guaranteeing-income-to-800-residents-for-two-years/
Compton is set to launch the nation’s largest city-led universal basic income pilot program later this year, officials announced Monday, Oct. 19.
About 800 low-income residents in the city of roughly 95,000 people will receive regular payments of anywhere from $300 to $600 for two years. The frequency of the payments will vary, but participants will be informed of their payment schedule ahead of time so they can budget accordingly.