The Democratic senator and 2020 presidential hopeful calls it her "Clean Elections Plan."

In her first major policy proposal of the 2020 presidential election, Sen. Kirsten Gillibrand (D–NY)—a long shot candidate for the Democratic nomination—is suggesting that every voter be given $600 to donate to federal election campaigns. Affectionately named "Democracy Dollars," she says the taxpayer-funded venture will clean up elections and "attack the corrupting influence of money at its core."

All eligible voters would qualify for the lump sum, which would then be doled out in $200 payments for each individual's House, Senate, and presidential candidate of choice.

"If you want to accomplish anything that the American people want us to accomplish — whether it's healthcare as a right, better public schools, better economy — you have to take on the greed and corruption that determine everything in Washington," she told NBC News.

Gillibrand says she'll finance her plan by eliminating a tax loophole for CEOs—which, between the various nominees, is starting to sound like a cure-all for society's ill. Those making more than $1 million or 25 times the median salary of their employees—whichever is less—would finance Democracy Dollars with $60 billion in additional taxes over 10 years, according to Gillibrand's plan.

The Democratic senator references Seattle as her inspiration, whose Democracy Voucher program allots $100 to every eligible voter to donate in each municipal election. Yet the results of the program's pilot attempt in 2017 were that everything stayed pretty much the same: Only 3.3 percent of recipients participated, and the winning slate was dominated by incumbents and those backed by the establishment.