This has been tried already and pretty much been proven to be an abject failure which took nearly 3 decades to repair. Welfare, the great social experiment of the Kennedy/Johnson era. Anyone feeling nostalgic for Detroit or NYC of the 1970's?
What if Congress passes it again? Our new President was in diapers at that time. There is nothing to prevent us from repeating mistakes in the USA. Are you writing your Congress and House Reps??? Telling your friends?