The passing of Mayor Lori Lightfoot’s 2022 budget Wednesday sealed the deal on Chicago’s first experiment with guaranteed basic income for low-income residents. In her remarks after the budget passed, Lightfoot said the money is intended to help keep working families afloat as the city continues its pandemic recovery.
“Having extra income consistently for some time can make the difference for the working poor who are living on the cusp of financial ruin,” Lightfoot said. “That’s why $35 million of the $157 million that we’re investing in family assistance programs will fund the largest pilot program in the country, providing […]
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