“Debt And Inflation Threaten U.S. Security” – Wall Street Journal Feb 22, 2022.

The U.S. national debt is plowing higher and the interest expense on that debt is mushrooming.. Our elected leaders in Washington have absolutely no politically feasible plan on the table to set America back on course.

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Annual Interest Rate Payment on Government Debt: $850 Billion and Rising Fast

At the current pace, interest on US government debt will soon hit one trillion dollars.

Mish – Feb 5, 2023 – Excerpt:

BEA Chart (h/t Mish) – Annualized interest on US national debt

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Interest Payments On Treasury Debt Up 29% YoY

ZeroHedge, Mar 22, 2023 – Excerpts:

Via Global Macro Monitor,

Here is a follow-up on last week’s chart with some excellent granular detail.   

Interest payments on the national debt during the current fiscal year (October to February) are up 29 percent y/y, one of the fastest-growing expenditure components of the Federal budget (see table below). 

Revenues are down, especially individual income taxes, which may reflect the slowing economy.  

Theory dictates (ceteris paribus) that government tax revenues should be rising with inflation, however.  Hmmm. 

The overall deficit is exploding, btw, up 50 percent.  

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America’s national security is on the line. And our Republican and Democrat representatives in Washington, D.C. have no politically-feasible, economically responsible plan to get America’s massive debt back under control.

America’s Main Street Republicans do have a plan: 

The Leviticus 25 Plan – An Economic Acceleration Plan for America 2024

Economic Scoring links:

·    The Leviticus 25 Plan – 2024 Generates $619.5 billion Federal Budget Surpluses (2024-2028) Part 1: Overview, Deficit Projection

·    The Leviticus 25 Plan Generates $619.5 Billion Federal Budget Surpluses Annually (2024-2028). Part 2: Federal Income Tax Recapture; Economic Security / Means-Tested Welfare Recapture.

·    The Leviticus 25 Plan Generates $619.5 Billion Federal Budget Surpluses Annually (2024-2028). Part 3: Medicaid, Medicare, VA, TRICARE, FEHB, SSDI Recapture.

·    The Leviticus 25 Plan Generates $619.5 Billion Federal Budget Surpluses Annually (2024-2028). Part 4: Interest Expense Recapture, Totals Summary

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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 2023 (5892 downloads)