The Universal Dividend Act establishes a monthly per capita payment to every citizen and national of the United States, funded as a fixed and escalating percentage of federal outlays. The payment begins at 10% of the five-year moving average of federal spending, rises by 4 percentage points annually, and caps at 50%. At current spending levels, this produces roughly $190/month per person in year one, growing to approximately $1,700/month at maturity as federal outlays grow over the ten-year ramp. Payments are non-taxable, immune from garnishment, and do not affect eligibility for existing benefit programs.
This document elaborates on the findings and design rationale of the bill.