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.
Capitol Police Chief Tom Manger said the false alarm "may have been a bogus call" but that law enforcement agencies are ready to stop any attempt to disrupt the court case of former President Donald Trump, who was indicted Tuesday on charges of trying to overthrow the 2020 election.
The federal judge assigned to the election fraud case against former President Donald Trump has stood out as one of the toughest punishers of rioters who stormed the U.S. Capitol in an attack fueled by Trump's baseless claims of a stolen election. She has also ruled against him before.