This is a great idea...for a Totalitarian government. It has been stuck in committee for quite some time; pray that it stays there until it dies.
This is a rather bold move by those intent on destroying our Republic. People will understand the negative impact of this, unlike the negative impact of membership in the World Trade Organization, or (initially) NAFTA, or (initially) the relaxation of regulations pertaining to banks (started under Clinton, accelerated under Bush), or the concept of a "unitary presidency" (started by Clinton, greatly expanded by Bush), etc., etc., ad nauseum.
Don't be fooled by the fact that this was introduced by a Democrat. If it ever comes to a vote, Republican Elites will support it as well. Note that part of the bill gives some sort of tax break to soldiers in combat. Now, who could be against that?!...a nice little tactic to eventually get the bill passed. The portion regarding the combat pay tax break should be a separate bill.
In a Totalitarian State, it's not enough that individuals are honest, hardworking, productive, and responsible---thus contributing to Society. Oh no, that's not good enough...they also must be forced to work for the State.
This all, by the way, is under the guise of "Homeland Security". Like the Patriot Act (what a misnomer), Homeland Security is a devious way to eliminate individual rights. Anyone who believes in a free society should be outraged.