LINK quote:
Chicago Alderman Ameya Pawar introduced legislation that would set aside city government funds to give 1,000 families a guaranteed $500 monthly stipend with no restrictions or conditions for receiving the money, the Intercept reported Monday. The bill would also modify the Earned Income Tax Credit program to allow the families in the test pilot to use their tax credits for their monthly mortgage payments. “Nearly 70 percent of Americans don’t have $1,000 in the bank for an emergency,” Pawar told the Intercept. “UBI could be an incredible benefit for people who are working and are having a tough […]
Full Post at www.tigerdroppings.com