Cook County will send up to 3,250 eligible residents $500 a month in cash assistance for two years, becoming a leader in the movement for universal basic income.
The second-largest county in the U.S. just launched what officials say is the biggest guaranteed basic income pilot program in the country, becoming a leader in the national movement toward universal basic income.will send up to 3,250 eligible residents $500 per month in cash assistance for two years. Residents in the county, which includes Chicago, can begin applying for the program starting Thursday through Oct. 21, and payments are anticipated to begin in December.
Historically, both public and private institutions have been unwilling to directly invest in low- and moderate-income people without significant restrictions in place. This is a misconception and terrible bias in which past governments have taken part.The $42 million program is fully funded by the American Rescue Plan Act, which the White House passed in order to provide relief to those who were directly impacted by the pandemic.
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