Chicago Poised to Create One of the Nation’s Largest ‘Guaranteed Basic Income’ Programs

Chicago Poised to Create One of the Nation’s Largest ‘Guaranteed Basic Income’ Programs

The Chicago City Council is poised to vote this week on what would be one of the nation’s largest basic income programs, giving 5,000 low-income households $500 per month each using federal funding from the pandemic stimulus package enacted this year.

Mayor Lori Lightfoot (D) has proposed the more than $31 million program as part of her 2022 budget, which the city council is scheduled to consider on Wednesday. The one-year pilot program, funded by the nearly $2 billion Chicago received from the Biden administration’s American Rescue Plan, is supported by most of city’s 50 aldermen. But it has received […]

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