California is poised to create the nation's first state-funded program making guaranteed-income payments to some residents after lawmakers unanimously passed a bill calling for the monthly checks. The state House and Senate passed the legislation unanimously on Tuesday. It would provide funding for monthly payments of between $500 and $1,000 to pregnant women and young adults who formerly lived in foster homes. The bill will become law, earmarking $35 million for the program in its first year, if Governor Gavin Newsom signs it as expected. The idea of so-called universal basic income (UBI) has gained traction in recent years, with doze
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