Here they go again. California lawmakers are preparing to consider a new bill that would provide a monthly cash payment to the vast majority of people over the age of 18, regardless of their wealth, employment status or anything else. This “universal basic income” concept is very popular among the socialists, but it’s been problematic in the few places where it’s been attempted on smaller scales. Now some people want to apply it to almost all of the nearly 40 million people in our nation’s most populous state. What could possibly go wrong? (CBS San Francisco)
A state lawmaker has introduced a universal basic income bill that would give every Californian $1,000 per month.
AB 2712 was introduced by Assemblyman Evan Low (D-Silicon Valley) on Thursday.
The bill would create a California Universal Basic Income Program (CalUBI) where residents over 18-years-old would receive $1,000 per month.
Here’s Assemblyman Low’s announcement of the bill on Twitter.