Why a Universal Basic Income Would Be Cheaper Than Expected
A universal basic income would be cheaper than many expect, Andrew Yang said in an interview Friday. The entrepreneur is running for the Democratic Party’s presidential nomination in the 2020 election, pushing for a policy that would give every American a $1,000 per month “Freedom Dividend.” “It gets much, much cheaper, very, very quickly, and the reason it does is that about half of Americans are already receiving government income support in some fashion,” Yang told CBS News.
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