CHICAGO — Cook County Board President Toni Preckwinkle has announced a $42 million guaranteed income pilot for suburban county residents, which she said will be one plank of an ambitious multiyear plan to tackle racial and economic inequities using federal COVID-19 stimulus funds. Preckwinkle has offered few details about the cash assistance program, but its total would surpass a similar $31.5 million pilot in Chicago as well as most guaranteed income experiments across the U.S. Preckwinkle has said selected residents will get monthly payments for at least a year with no strings attached. In p…
