Chicago’s plan to pay off COVID-19 debt with federal aid hits a snag – Illinois Policy

May 21, 2021

Some aldermen are unconvinced of the urgency of shoring up Chicago’s shaky finances with the federal funds. They have called for a universal basic income program that would aid 5,000 of the city’s most needy residents with $500 a month.

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Two people standing side by side indoors against a brick wall; man wears a black quarter-zip sweater and plaid shirt, woman wears a blue striped sweater. With $162 billion more from taxpayers, couldn’t you deliver a few bond upgrades, too

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