Chicago Looking Into Universal Basic Income Program

Tasha Stevens
September 12, 2018 - 2:26 pm
Money, In God We Trust

© Paul Cowan |


CHICAGO (KRLD) - The idea has been floated around the city for months, and now Chicago Mayor Rahm Emanuel will form a task force that will consider a“universal basic income” program in the city that would make monthly payments to a number of Chicago families with no strings attached.

A resolution was proposed in June that asked the mayor to launch a program that would pay 1,000 families $500 every month.

The city of Stockton, California will begin paying 100  residents $500 a month without any conditions in 2019. In Oakland, California, a local company is giving $1,500 a month to randomly selected residents.