Why Universal Basic Income is an American pipe dream

No-strings-attached guaranteed income schemes are sweeping Democrat-run cities — but welfare experts say there is little chance of them becoming a universal federal program because of the mammoth $3.3 trillion price tag.

Flush with pandemic cash, from Tacoma, Washington, to Gainesville, Florida , scores of local administrations are trying out guaranteed payouts to poor households in the region of $250-$1,000 per month.

In recent weeks, the Cook County area covering Chicago and its suburbs has started doling out $500 to more than 3,250 residents in a yearlong pilot, one of the nation’s largest to date.The trials are popular and beneficiaries say […]

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