40 acres 1 mule wall street was literally built by slaves. black people were sold hung chopped up into pieces tied and left to rot on lamp posts drug thru the streets by their genitals black children murdered black orphange burned evicted from central park all on wall street $60,000 x 50 million blacks in the USA. 3 TRILLION another 3 TRILLION available as pre-approved real estate loans @ 3% 6 TRILLION for 400+ years Could be passed and distributed within a week. Racism is a worse virus than covid just sayin they spent double that in the last 6 months bailing out banks, wall st, walmart, amazon, airlines..... Reparations done. next....disbursement get a check? have a social security #? you have a fed only bank account debit card direct deposit deposit only number no fees meanwhile 2020 in less than 6 months Fed has spent 4+ trillion buying bonds propping up stock & credit markets 3 Trillion Cares Act enough to give 150 million citizens $20,000 each most got $1200 rest bailed out biggest corporations they gave executives bonuses and laid off millions 1930s "new deal" 250 new playgrounds built in nyc 2 in black neighborhoods state, banks, insurance companies start red lining UBI Universal Basic Income $50 a day $1500 a month Deposited on the 1st every month Free Fed Bank Account for every citizen no fees $75,000 limit $300 deposit only limit 5 deposits a day maximum Each Account has public D.O.# QR Code Etc. Allows anyone to add money to it Black Lives Need Real Capital. 6 Trillion to solve amerikkkas race problem. They spend it bailing out fortune 500s every decade Education Upon Graduation Of Public High School Student gets $18,000. Doesn't solve the education problem but it employs teachers and guarauntees everyone can least graduate high school. Forgive Student Debt Well they gonna complain it was a willing agreement to pay and attend but hey it's the great reset Everyone gets a car. $2 an hour x 24 hours = $48 a day lets call it 50 for eazy maths… I can live quite comfortably on $75 per day or $3 an hour but who said life was supposed to be comfortable, it’s just the pursuit of it, or whatever that document written by slave owners said….. $50 x 75 million people – 4 billion per day or 1.5 Trillion per year PROVIDES UBI / Guaraunted Income of $50 per day to 75 million people About 68 million Americans received some type of government assistance through the major welfare programs in 2018. About 38 million Americans were part of the Supplemental Nutrition Assistance Program (SNAP) in 2019. In 2017, 22% of the general expenditures were spent on public welfare. The US government spends about $668 billion a year on over 120 different welfare program Costs of Food Stamp Program? Section 8? Wic? Welfare? Prisons? Courts? Apparently there’s 120+ programs that would be eliminated. Costs? Less than 1% of welfare funds are associated with fraudulent activity Medical assistance. This type of means-tested assistance cost taxpayers $669.8 billion in FY 2016 and comprised 59.5 percent of total means-tested aid. Major means-tested medical programs included Medicaid, the Children’s Health Insurance Program (CHIP), the Maternal and Child Health Block Grant, and refundable premium assistance and the cost sharing tax credit under the Affordable Care Act. Cash aid. This type of means-tested assistance cost taxpayers $184.4 billion in FY 2016 and comprised 16.4 percent of total means-tested aid. Major means-tested cash programs include TANF cash grants; Supplemental Security Income (SSI); the Earned Income Tax Credit (EITC); and the Additional Child Tax Credit (ACTC). Refundable tax credits are an increasingly important type of means-tested cash aid. With a refundable credit, government gives a cash grant to a low-income family that owes no income tax. Some like to argue that both refundable and non-refundable tax credits should be regarded as tax relief, but the two differ fundamentally. A normal non-refundable tax credit allows a family to keep more of the income it has earned by reducing the taxes it pays to government. By contrast, with a refundable tax credit, one family is taxed, and the money is transferred in the form of a cash grant to another family that has not earned it. A refundable credit is a classic example of means-tested welfare aid. Food aid. This type of means-tested assistance cost taxpayers $104.2 billion in FY 2016 and comprised 9.3 percent of total means-tested aid. Major means-tested food assistance programs include food stamps; the Women, Infants, and Children (WIC) food program; the school lunch and breakfast programs for children under 185 percent of poverty; and The Emergency Food Assistance Program (TEFAP). Housing, energy, and utilities assistance. This type of means-tested assistance cost taxpayers $62.4 billion in FY 2016 and comprised 5.5 percent of total means-tested aid. Major means-tested housing and energy programs include public housing, Section 8 housing, and the Low Income Home Energy Assistance Program (LIHEAP). Child development and child care. This type of means-tested assistance cost taxpayers at least $24.1 billion in FY 2016 and comprised 2.1 percent of total means-tested aid. Major means-tested child development programs include Head Start and the Child Care and Development Block Grant (CCDBG).12 Total means-tested spending on child care certainly exceeded $17.7 billion in FY 2008, because substantial but unknown portions of TANF and Social Services Block Grant (SSBG) funding were spent on day care. Since the exact amounts are not known, this unspecified day-care spending is included under social services rather than child-care spending in this paper. Social services. This type of means-tested assistance cost taxpayers $17.5 billion in FY 2016 and comprised 1.6 percent of means-tested aid. Major programs that fund social services include the Social Services Block Grant (SSBG); TANF; and the Community Services Block Grant (CSBG). Jobs and job training. This type of means-tested assistance cost taxpayers $7.2 billion in FY 2016 and comprised 0.6 percent of total means-tested aid. Major means-tested programs that provide funding for training include the Workforce Investment Act (WIA) program for adults, Workforce Investment Act Opportunity Grants for Youth, TANF, and the Job Corps. Community development. This type of community means-tested assistance cost taxpayers $3.5 billion in FY 2016 and comprised 0.3 percent of total means-tested aid. Most means-tested community development spending occurs through the Community Development Block Grant (CDBG). The goal of this spending is to assist low-income communities that are having difficulty raising tax revenues on their own and to increase employment opportunities in poor communities by improving public infrastructure. Targeted education spending for low-income persons and communities. This type of assistance cost taxpayers $52.5 billion in FY 2016 and comprised 4.7 percent of total means-tested spending. Major programs include Pell Grants for low-income individuals and Title I education grants targeted to low-income communities. 4 trillion budget Defense 1 Trillion / Soc Security 1 Trillion / Medicare / 1 Trillion Other….. In fiscal year 2019, the federal government spent $4.4 trillion, amounting to 21 percent of the nation’s gross domestic product (GDP). Of that $4.4 trillion, over $3.5 trillion was financed by federal revenues. The remaining amount ($984 billion) was financed by borrowing. As the chart below shows, three major areas of spending make up the majority of the budget: Social Security: In 2019, 23 percent of the budget, or $1 trillion, paid for Social Security, which provided monthly retirement benefits averaging $1,503 to 45 million retired workers in December 2019. Social Security also provided benefits to 3 million spouses and children of retired workers, 6 million surviving children and spouses of deceased workers, and 10 million disabled workers and their eligible dependents in December 2019. Medicare, Medicaid, CHIP, and marketplace subsidies: Four health insurance programs — Medicare, Medicaid, the Children’s Health Insurance Program (CHIP), and Affordable Care Act (ACA) marketplace subsidies — together accounted for 25 percent of the budget in 2019, or $1.1 trillion. Nearly three-fifths of this amount, or $651 billion, went to Medicare, which provides health coverage to around 61 million people who are over age 65 or have disabilities. The rest of this category funds Medicaid, CHIP, and ACA subsidy and marketplace costs. In a typical month, Medicaid and CHIP provide health care or long-term care to about 82 million low-income children, parents, elderly people, and people with disabilities. (Both Medicaid and CHIP require matching payments from the states.) In 2019, 9.6 million of the 11.4 million people enrolled in health insurance through the ACA marketplace received subsidies that lower premiums and out-of-pocket costs, at an estimated cost of about $56 billion. Defense and international security assistance: Another 16 percent of the budget, or $697 billion, paid for defense and security-related international activities. The bulk of the spending in this category reflects the underlying costs of the Defense Department. The total also includes the cost of supporting operations in Afghanistan and other related activities, described as Overseas Contingency Operations in the budget, funding for which totaled $77 billion in 2019. Two other categories together account for less than a fifth of spending: Safety net programs: About 8 percent of the federal budget in 2019, or $361 billion, supported programs that provide aid (other than health insurance or Social Security benefits) to individuals and families facing hardship. Safety net programs include: the refundable portions of the Earned Income Tax Credit and Child Tax Credit, which assist low- and moderate-income working families; programs that provide cash payments to eligible individuals or households, including Supplemental Security Income for the elderly or disabled poor and unemployment insurance; various forms of in-kind assistance for low-income people, including SNAP (food stamps), school meals, low-income housing assistance, child care assistance, and help meeting home energy bills; and various other programs such as those that aid abused or neglected children. Such programs keep millions of people out of poverty each year. A CBPP analysis using Census’ Supplemental Poverty Measure shows that government safety net programs kept 37 million people out of poverty in calendar year 2018. Without any government income assistance, either from safety net programs or other income supports like Social Security, the poverty rate would have been 24.0 percent in 2018, nearly double the actual 12.8 percent. And these programs reduced the depth of poverty for millions more, even when not bringing them above the poverty line. $18,250 per year or $50 per day. Would it create or solve more problems? My vote is solve for least 75 million humans per year. Who qualifies? There were an estimated 34 million people in poverty across the United States in 2019 $31,120 per year or $15 minimum wage x 40 hours x 52 weeks. Everyone earning less than 40K per year or all hourly wage earners? 40 – 50K per year don’t qualify but exempt from income taxes? How to make the 50-100K per year earners not resentful? Make them see that have no boots to pull up the laces on? 328 Million population 75 Million under 18 would’nt qualify 15 Million make over 100K so they should’nt care about the peasants. 70,075,212 people earned under $25,000 44,496,340 people earned between $20,000 and 50,000 80.4 million workers age 16 and older in the United States were paid at hourly rates, representing 58.3 percent of all wage and salary workers 75 million accounts with 12 monthly direct deposits seems a whole lot more efficient than the current system. More people working part time since outsourcing, automation, & technology are eliminating jobs. Homeless problem solved? Standard of living increased?