Congressional Democrats have a new plan – to create more dependence on government, spend the U.S. deeper into the means-tested social oblivion debt hole, leading to an eventual, inevitable full-scale debauching of the currency and economic chaos.

…………………………………………………………….

Rep. Ritchie Torres’ Big Idea: Create permanent monthly child allowance payments to parents

NY Democrat wants to make the expanded child tax credit permanent

By Marisa Schultz | Fox News, Apr 16, 2021

Rep. Ritchie Torres, D-N.Y., wants to make the expanded child tax credit passed in President Biden’s COVID relief bill a permanent benefit for American families as a way to fight child poverty.

The Big Idea is a series that asks top lawmakers and figures to discuss their moonshot — what’s the one proposal, if politics and polls and even price tag were not an issue, they’d implement to change the country for the better?  

Rep. Ritchie Torres, D-N.Y., wants to lift children out of poverty by providing parents a monthly child allowance on a permanent basis. 

Much like how Social Security and Medicare provide a safety net for American seniors, Torres wants parents to receive regular payments for each child up until age 18. The money would come in the form of an expanded child tax credit that would establish a basic, reoccurring income for families with children in America.

“My highest priority is a permanent child tax credit, which is the most powerful tool we have for radically reducing child poverty in America,” Torres told Fox News in an interview. 

Until this year, families could claim up to $2,000 a child as a tax credit, but millions of very low-income households missed out on the full benefit because their earnings were too low to qualify. 

But the benefits drastically increased under President Biden’s $1.9 trillion coronavirus relief bill that Democrats passed in March and extended the full credit to the poorest of families. Torres successfully fought to increase the amount of tax credit, make it fully refundable and to authorize advanced payouts of the benefit. 

But the new benefit only lasts a year, and Torres says it would be cruel to take away a vehicle to lift millions of children out of poverty.  

“We have the tools to radically reduce child poverty in America,” Torres said. “The question is do we have the political will? We owe it to our children to do right by them. We as a society are ultimately judged by how we treat the least among us.”

Torres proposes making monthly child payments permanent, which is estimated to cost more than $100 billion per year, according to the congressional Joint Committee on Taxation. The amount of money received would phase out for individuals making more than $75,000 and for married couples making $150,000.

“The child tax credit demonstrates that the Democratic Party has returned to the roots of FDR, that we are re-establishing ourselves as the party of families and children,” Torres said.

__________________________________

The Republican plan, on the other hand, reduces dependence on government. It is not ‘means-tested’ – in other words every U.S. citizen in America may participate. It will lift families up out of poverty, rather than continuing to make them more comfortable ‘in poverty.’

It will reduce massive amounts of ‘ground level’ debt in America, redirecting trillions of dollars annually from ‘debt service’ into direct economic augmentation.

It will generate $383 billion government surpluses during each of the first five years of activation and pay for itself entirely over the next 10-15 years.

Give each American family the right to choose:

1) The Democrat Plan – expanded social welfare, sponsored by the “party of families and children” dependent on government, offering continued comfort in poverty, and continued obeisance to Democrat party ‘minders.’

or…

2) The Republican Plan – expanded opportunities apart from government social welfare programs, a helping hand ‘up out of poverty,’ citizen-centered health care, and freedom: The Leviticus 25 Plan is a dynamic economic initiative providing direct liquidity benefits for American families, while at the same time scaling back the role of government in managing and controlling the affairs of citizens.  It is a comprehensive plan with long-term economic and social benefits for citizens and government.

The inspiration for this plan is based upon Biblical principles set forth in the Book of Leviticus, principles tendering direct economic liberties to the people.

The Leviticus 25 Plan – An Economic Acceleration Plan for America

$90,000 per U.S. citizen – Leviticus 25 Plan 2022 (3741 downloads)