DNYUZ
No Result
View All Result
DNYUZ
No Result
View All Result
DNYUZ
Home News

Cook County, which includes Chicago, has made its basic income program permanent

November 22, 2025
in News
Cook County, which includes Chicago, has made its basic income program permanent
$100 bills
Cook County in Illinois, which includes Chicago, has approved a permanent basic income program. Mensent Photography/Getty Images
  • Cook County, which includes Chicago, ran a two-year basic income experiment in 2022.
  • During the pilot, thousands of residents received $500 a month to spend however they wanted.
  • The county has now made that basic income program permanent in its 2026 budget.

Many American cities and counties have been experimenting with a novel concept: Giving financially vulnerable residents free money every month without expecting anything in return.

The goal is to let those people decide for themselves how best to spend the extra cash, rather than requiring them to spend it on certain kinds of food or other necessities.

When those programs end, many report largely positive results. Few, however, are ever made permanent.

Cook County in Illinois, which includes Chicago, is now an exception.

The Cook County Board of Commissioners unanimously approved its 2026 budget proposal on Thursday, and it includes $7.5 million for a guaranteed basic income program.

Cook County had earlier run a basic income experiment for two years. It provided $500 a month to 3,200 households during that time. The last payment went out in January.

“The County will invest $7.5 million to continue supporting the Guaranteed Income program, providing direct unconditional monetary support to help residents live healthier and more stable lives,” the county’s now-approved budget proposal says.

A guaranteed basic income is a social safety net program in which a government provides certain residents with recurring, no-strings-attached cash payments for a set period. Often, the eligible recipients fit specific criteria, such as having a household income near the poverty line.

A guaranteed basic income differs from a universal basic income, which is when a government provides all individuals in a population with recurring, no-strings-attached cash payments, regardless of their socioeconomic status.

AI leaders, such as Elon Musk and OpenAI CEO Sam Altman, have publicly advocated for basic income programs to mitigate the potential impact of AI on human jobs.

Governments worldwide have toyed with basic income programs. Ireland recently made its basic income for artists permanent, and South Korea is poised to launch one of the world’s largest programs.

Cook County released survey findings based on responses from those who received cash payments between 2022 and 2025. The majority said the payments made them more financially secure, reduced their stress, and improved their mental health.

The top reported uses for the payments were food, rent, utilities, and transportation.

Read the original article on Business Insider

The post Cook County, which includes Chicago, has made its basic income program permanent appeared first on Business Insider.

Another country is lining up behind Israel to cause MAGA’s next big ‘divide’
News

Another country is lining up behind Israel to cause MAGA’s next big ‘divide’

November 22, 2025

Israel may not be President Donald Trump’s only international policy threatening MAGA unity, said Ransom Miller, reporting for the Hill. ...

Read more
News

The Capitals are clicking. Up next is a familiar challenge.

November 22, 2025
News

‘Public deserves to know’: Trump admin serves notice to Noem to save her texts for court

November 22, 2025
News

McKinsey, BCG, and Deloitte’s new competition is small, fast, and driven by AI

November 22, 2025
News

During the holidays, I host my friends and family together. We all enjoy being together, and the dynamics are more fun.

November 22, 2025
‘Wicked: For Good’ Takes Flight

‘Wicked: For Good’ Takes Flight

November 22, 2025
2000s R&B Singer Sammie Believes That ‘Sinners’ Is Actually Based on His Life

2000s R&B Singer Sammie Believes That ‘Sinners’ Is Actually Based on His Life

November 22, 2025
Ukraine needs Russia’s frozen $200 billion immediately, Europe

Ukraine needs Russia’s frozen $200 billion immediately, Europe

November 22, 2025

DNYUZ © 2025

No Result
View All Result

DNYUZ © 2025