Universal basic income would cost the US up to $3.8 trillion per year — Bridgewater estimate
“Proposals for universal basic income programs vary, but the most common one is a system in which the federal government sends out regular checks to everyone, regardless of their earnings or employment. Dalio’s firm estimated the cost to give every American citizen $12,000 per year, the current poverty threshold, would be roughly $3.8 trillion annually. The figure represents 21 percent of US GDP or 78 percent of tax revenue.”