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Andrew Yang

Andrew Yang, a 2020 Democratic presidential candidate, may not be the biggest name in the race for the 2020 Democratic presidential nomination, but he may have the biggest ideas.

The 44-year-old entrepreneur from New York, who founded an economic development nonprofit called Venture for America, is one of the youngest 2020 contenders thus far. Yang’s signature issue for his campaign is the idea of a $1,000 monthly “universal basic income” (UBI) for all Americans, which he also calls the “Freedom Dividend.”

“Universal basic income, which I’ve rebranded [as] the ‘freedom dividend,’ is a policy where every citizen in a country gets a certain amount of money to meet their basic needs, no questions asked,” Yang explained. “So my plan is that every American adult would receive $1,000 a month every month free and clear to pay your bills, take care of your family, start a new business or go back to school.”