2020 sweepstakes: Dem candidates compete to give away billions in taxpayer $$

"Medicare-for-all" and free community college are just the starting point. Some candidatesvying for the Democratic presidential nomination are going beyond promising gobs of government benefits and proposing a more straightforward approach -- simply giving away money.

Candidates like Cory Booker, Marianne Williamson and Andrew Yang are among those pitching cash handout plans this election cycle.

And for Yang, a tech entrepreneur who warns that an automation crisis will soon rock America's economy, the handout program is his defining campaign policy. His plan is simple, on the surface: every American citizen over the age of 18 gets $1,000 every month.

"My flagship proposal, the 'freedom dividend,' would put $1,000 a month into the hands of every American adult. It would be a game-changer for millions of American families," he said at last month's CNN-hosted debate in Detroit.
The only major caveat for Yang's plan is that those receiving benefits such as welfare or disability would not be eligible, but would have the option to collect their existing benefits or get the $1,000.