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.
House Speaker Kevin McCarthy says Republican lawmakers may consider an impeachment inquiry of President Joe Biden over unproven claims of financial misconduct, responding to enormous GOP pressure to demonstrate support for Donald Trump ahead of the 2024 presidential election.
Florida Gov. Ron DeSantis was involved in a multi-car accident on Tuesday in Tennessee but was uninjured as he traveled in a motorcade to a campaign stop for his 2024 presidential bid.
