‘There’s so much need:’ L.A., Chicago launch nation’s largest guaranteed basic income programs
As millions of Americans continue to feel the financial fallout of the coronavirus pandemic, two of the country’s biggest cities are committing millions of dollars to help struggling families.
Los Angeles and Chicago are both rolling out guaranteed basic income pilot programs that will provide monthly payments to low-income residents for one year. L.A’s program, dubbed BIG:LEAP, will give 3,200 people $1,000 per month and Chicago’s initiative will provide 5,000 residents $500 a month.Recipients for both pilots will be picked at random.Applications for Los Angeles’ initiative closed […]
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