Can the U.S. Government Offer Universal Basic Income?
Andrew Yang, Founder of Venture for America and a 2020 Democratic presidential candidate, joins The Hive to discuss why he's running on the platform of universal basic income.
Yang is advocating for the freedom dividend aspect of universal basic income. It would give every American adult $1,000 per month to spend on whatever they want. Yes, you heard that right. He says its paid for by a value-added tax.
He explains how this platform won't stifle entrepreneurship in America. He says U.S. citizens are starting 100,000 fewer businesses per year than they were 10-12 years ago. He points out that gaining an extra $1,000 per month would help Americans gain a little control over their finances and allow them to start new ventures.
If the fight with Congress over raising the government's debt limit is such a dire threat, why doesn't President Joe Biden just raise the borrowing ceiling himself? It's theoretically possible, but he's all but ruled it out for now.
An Associated Press analysis of more than 130 bills in 40 state legislatures found of the proposals, as introduced or passed, are identical or very similar to some model legislation, the AP found.
A new poll finds that most U.S. adults say they are highly concerned about how the nation's economy would be affected if the debt limit isn't increased and the government can't pay its debts.
Orlando, FL Mayor Buddy Dyer spoke with Cheddar News about what's in store this summer for his city as Memorial Day weekend kicks off next week and how his administration is navigating certain political challenges.
The Walt Disney Co. says it's scrapping plans to build a new campus in central Florida and relocate 2,000 employees from Southern California to work in digital technology, finance and product development.
