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by 314 4009 days ago
Checking the latest figures for 2016: 155B for pensions and welfare 56B. I assume the point is to replace both of those completely with the basic income so the net cost is not 240B, it is 29B. Not cheap, but not pie in the sky either. Sell a bank or two :)
2 comments

There's an addition ~55B spent on welfare that comes from from local rather than central budgets, so that should probably be included.
Cut defense wastage. Uh, sorry, I meant defense spending.
Less bombs, more bread.
How did not spending on defense work out for France and Poland?