Cook County Board President Toni Preckwinkle announced that Cook County residents will pilot the nation’s largest taxpayer-funded guaranteed income experiment.
By Froylan Jimenez | OP-ED
Chicago and Cook County governments each plan to give away $500 monthly to low-income residents with no strings attached. In its current form, this well-intentioned public policy, funded by our taxpayer dollars, is actually inequitable, lacks necessary accountability mechanisms for sustainability and is ultimately counterproductive to our local economies.Chicago’s Resilient Communities Pilot will award $500 in cash assistance each month for one year to 5,000 low-income city residents, and Cook County’s Promise Guaranteed Income Pilot […]
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