Biden’s Administration Discussing UBI?


Andrew Yang’s nonprofit, Humanity Forward, has spoken to the incoming administration of Joe Biden about recurring checks for Americans.

“I don’t want to give away too many details, but we have discussed with them our support for direct recurring economic relief,” Nasif told Insider.

The ideas behind universal basic income (UBI), that every member of society deserves a minimum income, are centuries old, but have gained traction in recent years in no small part thanks to Yang, who made the “Freedom Dividend” a key plank of his presidential campaign. That dividend would have given every American $1,000 a month.

Congress endorsed a UBI of a sort in March with the passage of the CARES Act, which included $1,200 checks for every American under a certain income threshold — but for one time only. Against the backdrop of rising coronavirus cases in the winter, another such measure — this time for $600 checks — passed in December by bipartisan vote in congress, only to be held up by President Trump’s refusal to sign it. Trump says he wants $2,000 checks this time.

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