Perhaps he did not spell it out explicitly, but this is what Andrew Yang's policy proposal is. Since he is the leading candidate on UBI at this point, it makes sense to address how he plans on handling it.
Perhaps he did not spell it out explicitly, but this is what Andrew Yang's policy proposal is. Since he is the leading candidate on UBI at this point, it makes sense to address how he plans on handling it.
> The means to pay for the Freedom Dividend will come from 4 sources:
> 1. Current spending. We currently spend between $500 and $600 billion a year on welfare programs, food stamps, disability and the like. This reduces the cost of the Freedom Dividend because people already receiving benefits would have a choice but would be ineligible to receive the full $1,000 in addition to current benefits.
https://www.yang2020.com/what-is-freedom-dividend-faq/
It gives the Freedom Dividend this weird behavior of providing the least help to people who need it most.