Leviticus 25 Plan ‘recapture’ yields massive cost savings in Means-tested Welfare

The Leviticus 25 Plan provides a majority of participating U.S. citizens, who have been heavily dependent upon social welfare programs, with sufficient liquidity resources to get ‘off’ social welfare programs and get a fresh start in life.

A family of four ($70,000 per member) would receive $200,000 in their Family Account (FA) and $80,000 in their Medical Savings Account (MSA).

Participating families would be ‘off’ means-tested welfare programs for a period of five years.  A family of four would then have access to $40,000 (FA) per year for five years, tax-free, to manage their own lives.

The Leviticus 25 Plan assumes 80% participation by U.S. citizens.

This would result in a massive ‘Recapture’ from social welfare programs:

Total “means-tested welfare spending” (federal, state) reached the $927 billion level in 2011. This is projected to reach the $1.6 trillion level for the year 2022.
Source: Heritage Foundation, “Examining the Means-tested Welfare State: 79 Programs and $927 Billion in Annual Spending” – Robert Rechter, May 3, 2012

Appendix Table One (Spending in millions of dollars)

Categories       Federal Spending         State Spending         Total Spending
CASH TOTAL            162,717.75            19,412.14                182,129.88
MEDICAL TOTAL      289,816.86          168,854.66                458,671.52
FOOD TOTAL            102,288.00              7,126.73                109,414.73
HOUSING TOTAL        54,058.00              2,085.00                  56,143.00
ENERGY AND UTILITIES TOTAL                                               6,403.00
EDUCATION TOTAL    60,175.00                                              60,175.00
TRAINING TOTAL          7,324.90              1,085.88                    8,410.78
SERVICES TOTAL       10,411.40              4,866.13                   15,277.53
CHILD CARE AND CHILD DEVELOPMENT TOTAL
15 ,961.56               6,709.53                  22,671.10
COMMUNITY DEVELOPMENT TOTAL                                        7,937.00
2011 TOTAL               717,093.48           210,140.07              $927,233.55
…………………………………………………………………………………………….
Cost savings (federal and state spending) from average projected annual means-tested welfare spending over 5-year period: $1.1 trillion/year X 80% X 5 years = $4.4 trillion

Note: Medicaid cost savings are projected as a factor of a $4,000 deductible and a significant reduction in Medicaid-eligible families as more Americans become fully employed and covered under other more beneficial plans. Medicaid hit a record of 72,600,000 people enrolled for at least one month in 2012. Reports for 2012 indicated that 55,000,000 people consistently enrolled. Projections show that Medicaid will expand rapidly to 85 billion recipients as the Affordable Care Act takes hold. And projections show the Medicaid roles further expanding to the 100 billion level by 2021.

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The Leviticus 25 Plan – the only plan in America that delivers real benefits to real people, allowing citizens to allocate resources in accordance with their needs and desires.

The Plan reduces the scope of government and the intrusion of government into the daily affairs of citizens.

The Plan unleashes the power of free market dynamics and pays for itself over a 10-15 year period.

The Leviticus 25 Plan 2015 – The $70,000 Solution                                                   The Leviticus 25 Plan 2015 (630)

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