[mtoddh]

And where the money to pay for that will come from?

Apparently corporations will be subsidizing this:

"How would we pay for it? We could start by getting corporations to pay their taxes. As I mentioned above, corporate profit margins have hit an all time high, and that money will circulate far faster if it’s placed in the hands of consumers."

[jeffasinger]

I think reducing the bureaucracy around the current welfare system would also help a lot.