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Pelosi Signals Openness to Universal Basic Income Amid Pandemic

by Bradley Cortright
April 27, 2020 at 4:14 pm
in IJR
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U.S. House Poised to Pass More Coronavirus Aid, Avoids Remote Voting Wrangle

FILE PHOTO: U.S. House Speaker Nancy Pelosi (D-CA) walks inside the U.S. Capitol after it was announced U.S. congressional leaders and the White House agreed on nearly $500 billion more in coronavirus relief for the U.S. economy, bringing to nearly $3 trillion the amount allocated to deal with the crisis, in Washington, U.S., April 21, 2020. REUTERS/Tom Brenner

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House Speaker Nancy Pelosi (D-Calif.) says it may be time to consider a form of universal basic income for Americans suffering financially amid the coronavirus outbreak.

“Others have suggested a minimum income for — a guaranteed income for people. Is that worthy of attention now? Perhaps so, because there are many more people than just in small business and hired by small business,” Pelosi said during an interview on MSNBC on Monday morning. 

She continued, “As important as that is to the vitality of our economy, and other people who are not in the public sector to meeting our needs in so many ways that may need some assistance as well.”

Watch the video below:

"Others have suggested a minimum income, a guaranteed income for people.

Is that worthy of attention now?

Perhaps so."

— @SpeakerPelosi suggests she's open to the idea of a universal basic income. pic.twitter.com/BnKwq4I68H

— Washington Examiner (@dcexaminer) April 27, 2020

Last month, Congress passed a massive $2 trillion coronavirus relief bill that established a program to give small businesses loans to pay their employees through the coronavirus shutdowns— which would convert to a grant if they use all the money for their payrolls.

Additionally, the bill provided $1,200 checks to individuals who earn less than $75,000 a year. 

Pelosi is not the first Democrat to propose such legislation. Several Democrats have proposed giving Americans $2,000 a month.

Pelosi’s comments come as the latest reports find that more than 26 million Americans have filed for unemployment since the coronavirus forced the economy to grind to a halt. 

Tags: Coronavirus OutbreakNancy Pelosi
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Bradley Cortright

Bradley Cortright

IJR, Senior Writer He's written for Independent Journal Review since 2019.

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