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AZProgressive

(29,322 posts)
Thu Oct 28, 2021, 10:56 PM Oct 2021

Chicago passes budget with one of country's largest universal basic income programs

Chicago will use $35 million to test a universal basic income program for one year.

The city will send $500 to 5,000 low-income families as part of what Chicago Mayor Lori Lightfoot (D) has said is the largest universal basic income program in the country, according to The Chicago Sun-Times.

"This program is controversial for some. But for me, it just makes plain sense," Lightfoot said of the program, per the Sun-Times. "Of course, we need to teach people how to fish. But, in this moment with so many people suffering in pain and worrying about financial ruin, this is what we must do to make sure that these families don't slip into the abyss."

The plan comes as part of Lightfoot's $16.7 billion budget for 2022, which passed in a City Council meeting on Wednesday. The mayor touted her win as "the most progressive budget ever in the history" of the city, the Sun-Times reported.

https://thehill.com/homenews/state-watch/579025-chicago-passes-budget-with-one-of-countrys-largest-universal-basic?amp

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Chicago passes budget with one of country's largest universal basic income programs (Original Post) AZProgressive Oct 2021 OP
LOL, this will trigger the christofascists baby! Thomas Hurt Oct 2021 #1
We need innovation in rethinking economics. Bluethroughu Oct 2021 #2

Bluethroughu

(5,168 posts)
2. We need innovation in rethinking economics.
Thu Oct 28, 2021, 11:03 PM
Oct 2021

Giving to the rich and let it trickle down, has led to the greatest inequality draught our country has ever seen.

Give the money back to the 99%, more money in people's pockets led to an economic boom in the middle of a pandemic.

Could you imagine what could happen if we rolled the trump millionaire tax cuts back and gave it to the lower and middle class???

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