Andrew Yang, the Democratic presidential hopeful is promissing to pay $1000 once a month to every American if he is elected in 2020.
A supporter of universal basic income, Yang already launched a pilot program for free cash payments known as the Freedom Dividend.
He selected a family in Goffstown, New Hampshire, who he says will be receiving $12,000 cash for the year.
In 2018, According to the U.S. Census Bureau, there were about 127.59 million households in the United States. So if you do the math, and if Andrew Yang’s little project just target every household in America, this would cost $1.5 Trillion every year.