The senator is still in the early stages of crafting the plan, according to the Post, which would provide a job or required training for any American.

Sanders's office has yet to release the details of the plan's funding, but previous large-scale projects proposed by the Vermont progressive have involved ending tax breaks for the wealthiest Americans and large corporations.

The Vermont senator joins two other possible 2020 contenders, Sens. Kirsten Gillibrand (D-N.Y.) and Cory Booker (D-N.J.), who have also expressed support for similar proposals in recent weeks.

"The goal is to eliminate working poverty and involuntary unemployment altogether," Darrick Hamilton, an economist at The New School, told the Post.

"This is an opportunity for something transformative, beyond the tinkering we've been doing for the last 40 years, where all the productivity gains have gone to the elite of society."