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Cook County Launches $500 Monthly Guaranteed Income Program

11/29/2025

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Story summary
  • Cook County, Illinois, approved a permanent guaranteed income program with $7.5 million to give $500 monthly to low-income residents.
  • The decision follows a 2022 pilot funded by federal relief that benefited 3,250 households.
  • Survey results show 75% of participants felt more financially secure, with funds used for essentials.
  • Some studies question long-term benefits.
  • Critics say the program is costly and potentially inefficient.