For compensation, I'm inclined to favor a $15 wage. Probably going to need the CG for a cost estimate.
My go-to methodology for costing bills is to keep it as simple as possible. This generally ends up as extremely inaccurate, but an inaccurate process is better than a non-existing process.
For this bill in particular, the cost would be $15 x (hours worked) x (number of workers) as we'd assume they all get minimum wage
However, didn't you already specify a fixed cost for this bill of $16 billion in section 4a? Is that $16 billion per year or $16 billion to divide among 4 years? (ie $4 billion)
Worth noting that with that $16 billion cap, and asuming the workers would work 8 hours a day, 40 hours a week, and would work for 47 weeks every year (4 weeks summer vacation + 1 week miscellaneous holidays), that means that we could hire approximately 567 000 people.
