By Newsy Staff
October 26, 2021
The City Council could ballot arsenic soon arsenic Wednesday connected a program that would supply arsenic galore arsenic 5,000 households with $500 a month.
Chicago is preparing to instrumentality up the thought of cosmopolitan basal income, besides known arsenic UBI
The City Council could ballot arsenic soon arsenic Wednesday connected a program that would supply arsenic galore arsenic 5,000 households with $500 a month.
If it passes, it would beryllium the nation's largest UBI program.
The thought was championed by erstwhile Democratic statesmanlike hopeful Andrew Yang. Yang promised to make a national UBI programme giving $1,000 a period to each American implicit the property of 18. He believed it would springiness Americans the accidental to wage disconnected debt, commencement a concern oregon decorativeness school.
Chicago Mayor Lori Lightfoot enactment distant the $31.5 cardinal programme arsenic portion of her projected 2022 budget.
The one-year aviator programme volition beryllium funded by the astir $2 cardinal the metropolis received arsenic portion of the American rescue program for COVID-19.
While Chicago's whitethorn beryllium 1 of the largest UBI initiatives, successful presumption of dollars, it's not unsocial successful investigating the organisation of alleged "free money."
Some 22 cities, towns and communities crossed the state person instituted a UBI program.
Among them: Denver, Colorado, and Stockton, California.
Chicago's politician has said her pushing of the programme came astir by her ain puerility memories of hardship portion increasing up successful Ohio.
A 2019 study by the City of Chicago revealed that astir 18% of the colonisation lives beneath oregon astatine the poorness level.