Leftist Chicago alderman proposes free basic income for residents of broke city

Chicago's reckless spending has placed America's third-largest--for now--city into bankruptcy in all but name.

What to do? If you are a leftist Chicago alderman, then you double down on failure.

From Fox News:

Chicago may soon become the largest municipality in the U.S. to test a universal basic income program.

Chicago alderman Ameya Pawar recently proposed legislation that would provide 1,000 families with a $500 monthly stipend -- no questions asked. The bill already has the backing of the majority of city lawmakers, and Pawar hopes to soon work with Mayor Rahm Emanuel to implement the pilot program, The Intercept reported.

“Nearly 70 percent of Americans don’t have $1,000 in the bank for an emergency,” Pawar told the outlet. “UBI could be an incredible benefit for people who are working and are having a tough time making ends meet or putting food on the table at the end of the month.”

My legislation calling for the creation of a Chicago #UniversalBasicIncome pilot has 36 co-sponsors! On to the Commitee on Workforce Development and Audit. Committee chair @40thWard is also a sponsor. More soon! #UBI pic.twitter.com/W7D5Hbx31E

— Ameya Pawar (@Ameya_Pawar_IL) June 27, 2018

Pawar campaigned to earn a slot on the ballot for Illinois governor, but withdrew his name from contention after being outspent by his opponents, the outlet reported.