This Major U.S. City Could Soon Give $500 to Its Poorest Residents, No Strings Attached

This Major U.S. City Could Soon Give $500 to Its Poorest Residents, No Strings Attached

Chicago could become the largest city in the U.S. to test a universal basic income program if its local government takes up a new proposal to start handing out $500 a month to some households for free.

City lawmakers have voiced support for legislation that would try a basic income scheme for 1,000 families in Chicago.

A bill, proposed by Chicago lawmaker Ameya Pawar, has started the legislative process by gaining support from 36 of the city’s 50 aldermen, who vote on local laws.Pawar spoke about his plan with news website The Intercept , where he said that he was proposing […]

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