“It is true that the virtues which are less esteemed and practiced now – independence, self-reliance, and the willingness to bear risks, the readiness to back one’s own conviction against a majority, and the willingness to voluntary cooperation with one’s neighbors – are essentially those on which the of an individualist society rests. Collectivism has nothing to put in their place, and in so far as it already has destroyed then it has left a void filled by nothing but the demand for obedience and the compulsion of the individual to what is collectively decided to be good.”   – Friedrich Hayek, The Road to Serfdom

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The Leviticus 25 Plan re-establishes family and societal virtues which have been eroded through government encroachment and socialist-driven central planning – in America and elsewhere around the world.

The Leviticus 25 Plan – grants direct liquidity access to American families – the very same access to liquidity which was provided to the likes of Morgan Stanley, Citigroup, Bank of America Corp, Goldman Sachs, JP Morgan Chase, Merrill Lynch, Wells Fargo, Deutsch Bank, UBS AG, Royal Bank of Scotland, Plc, State Street, Barclays, and many, many others.

The primary goal of The Plan is debt elimination and the restoration of financial health and economic liberty for American families.

Imagine a family of four paying off their mortgage, car loans, credit card debt – and having additional on-hand liquidity for direct allocation for routine medical expenses.

The financial security benefits of all qualifying American families would be incalculable:

* Financial stress relief – quality of life improvements – general living conditions, nutrition.

* Working mothers desiring to spend more time with their children would be able scale back their outside employment hours or become full-time stay-at-home mothers.

* Financial self-reliance at family level – reduced dependence on social welfare and charity programs.

* Re-establishment of normal, positive incentives for work, enterprise, innovation, achievements.

* Improved credit status for working Americans

* Improved access to primary health care

* Improved employment opportunities.

* Significant potential for crime reduction.

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There is no government-directed economic strategy that can provide even a fraction of these types of benefits, direct to America’s citizens.

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 2026 (26883 downloads )

America is long overdue for a comprehensive ‘quality of life’ upgrade – one that starts with restoring economic liberty and securing financial health for families all across our land. A primary benefit of this plan must be to ‘de-stress’ American families and allow parents more quality time with their children, restored financial security, and a more manageable pace of life.

America needs a tour de force plan with the creative power to generate massive new tax revenue flows, reduce government expenditures, and eliminate government deficits – a plan that will set America, and the U.S. Dollar, on a path of long-term financial stability.

America’s upgrade must relight the fires of free market, citizen-driven economics and activate a citizen-centered health care system.

This plan must have the raw power to eliminate massive tracts of debt across all sectors of the economy, thereby allowing Federal Reserve ‘rate normalization’ measures, long-term net interest margin benefits for banks, insurers, pension funds.

There is one plan in America with the creative power to deliver these benefits.

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 2026 (26883 downloads )

THE NATION’S UNSUSTAINABLE FISCAL PATH – Government Accountability Office

Excerpt:

The federal government faces an unsustainable fiscal future. In February 2025, we released our annual report on the nation’s fiscal health, highlighting both short-term and long-term risks. 

Federal debt held by the public (that is, the total amount of money that the federal government owes to its investors) will continue to grow faster than the economy, which is unsustainable.

Federal debt held by the public—past, present, and future

Historically, debt has decreased during peacetime and economic expansions. But this pattern has changed in recent decades. Unless current revenue and spending policies change, by 2027 debt will reach its historical high of 106 percent of GDP, according to our simulation. If unaddressed, it will grow more than twice as fast as the economy and reach 200 percent of GDP by 2047.

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The U.S. Congress’ latest response to resolving the fiscal crisis:

A little or a lot? Conflicting targets for cuts leave budget in limbo

The House of Representatives this week narrowly approved a budget resolution after the Senate did so previously.

By Ben Whedon  |  JusttheNews  |  Apr 11, 2025

While President Donald Trump has suggested he may sign a balanced budget plan during his term, competing estimates and promises on cuts from interested parties appear to signal the government could either come close to achieving its goal or largely fail to make meaningful cuts, with little room for a moderate option.

The House of Representatives this week narrowly approved a budget resolution after the Senate did so previously. Both chambers committed to the basic framework of “one big, beautiful bill” favored by Trump to address both his tax cuts and his border proposals in the same legislation. The reconciliation process, however, will see competing parties quibble over the depth of cuts and what to target.

The Congressional Budget Office projected that the federal government would run a $1.9 trillion budget deficit in Fiscal Year 2025 and the Elon Musk-led Department of Government Efficiency (DOGE) had previously vowed to cut $2 trillion in spending to balance the budget. But Musk’s projections have dwindled of late and budget hawks in the House aim to hold Speaker Mike Johnson to his promises of major cuts, setting up a potential leadership change should he fail.

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The most powerful economic acceleration plan in the world is loaded up and ready to launch – and solve America’s debt crisis, once and for all.

The Leviticus 25 Plan – An Economic Acceleration Plan for America

$90,000 per U.S. citizen – Leviticus 25 Plan 2026 (26881 downloads )

“It’s Main Street’s Turn To Restore The American Dream” – US Treasury Secretary Warns Wall Street

ZeroHedge, Apr 09, 2025 | Via American Greatness, – Excerpts:

U.S. Secretary of the Treasury Scott Bessent laid out President Trump’s financial policy priorities for the American Bankers Association (ABA) on Wednesday, saying that Main Street America will now take priority.

Bessent speaking at the ABA’s Washington Summit, said, “For too long, financial policy has served large financial institutions at the expense of smaller ones— no more.”

The Treasury Secretary stated that, “It’s Main Street’s turn to hire workers, it’s Main Street’s turn to drive investment and it’s Main Street’s turn to restore the American dream.”

Bessent announced the Trump administration’s shift to focusing on helping Main Street businesses and consumers thrive by giving all institutions a chance to succeed, adding, “For the last four decades, basically since I began my career in Wall Street, Wall Street has grown wealthier than ever before, and it can continue to grow and do well.”

Addressing fears of a looming recession, Bessent defended Trump’s agenda of tax cuts, deregulation and trade rebalancing and noting that, 

“We want to de-leverage the government sector, re-leverage the private sector …. we can’t do it all at once, or that will cause a recession.”

Bessent added, 

“What will keep us from having a recession is making sure that the tax bill doesn’t expire, adding back 100% depreciation and then adding some of President Trump’s agenda — no tax on tips, no tax on Social Security, no tax on overtime.”

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There is one more step that America needs to take to “re-leverage” the debt-logged private sector and activate the powerful reset that millions of American families and small businesses need – a massive, public and private sector debt elimination plan.

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 2026 (26840 downloads )

The U.S. Federal Reserve pays banks on the required and excess reserves they hold on deposit. The Fed is currently holding $3.262 trillion in the cash reserves.

And it is currently paying 4.40% in interest on that $3.261 trillion…

The current total annual interest payments to banks, therefore, come in at a cool $81.525 billion. And, it would be safe to assume that many or all of the ‘Systemically Important Banks’ listed below (foreign and domestic) are partakers of those generous Fed IOER payments:

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Fed IOER payments were initiated in October 2008, “primarily to maintain control over the federal funds rate and facilitate credit market interventions during the financial crisis.”

This monetary tool does nothing, however, to reduce the soaring annual Federal budget deficits, nor does it do anything to insulate hard-working, tax-paying U.S. citizens from the catastrophic effects of future ‘financial crises’ – which are all but inevitable with with America’s snowballing public and private debt burdens.

The Leviticus 25 Plan corrects these imbalances – generating federal budget surpluses and financial security for millions of American families.

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 2026 (26809 downloads )

US Treasury Could Default As Soon As August, CBO Warns

ZeroHedge, Mar 26, 2025 – Excerpt:

Earlier this week we pointed out the striking plunge in the Treasury’s cash balance which had averaged around $800 billion for the past 18 months, and which plunged by $480 billion in the past month.

Treasury cash down $480 billion in the past month. pic.twitter.com/uV4GDNGheO

— zerohedge (@zerohedge) March 25, 2025

Regular readers are aware of the reason for this plunge: ever since the US hit the debt ceiling in the last days of the Biden administration, the US Treasury has been unable to issue new debt and so has been forced to draw down its cash to fund day to day operations.

Obviously, there is a limit to how much longer this can continue: after all, once the cash balance hits 0, the Treasury will have to start prioritizing payments, and eventually, it may even have to delay payments of interest or repayments of principal… better known as default.

Which brings us to the latest report from the Congressional Budget Office published this morning which warned that the federal government could run out of enough money to pay all of its bills on time as soon as August if lawmakers fail to raise or suspend the debt limit, to wit:

The Congressional Budget Office estimates that if the debt limit remains unchanged, the government’s ability to borrow using extraordinary measures will probably be exhausted in August or September 2025. The projected exhaustion date is uncertain because the timing and amount of revenue collections and outlays over the intervening months could differ from CBO’s projections. (source)

On Monday, the Bipartisan Policy Center said that according to public data the Treasury will be forced to start defaulting on obligations sometime between mid-July and early October.

The CBO also cautioned that if the government’s borrowing needs are “significantly greater than CBO projects, the Treasury’s resources could be exhausted in late May or sometime in June, before tax payments due in mid-June are received or before additional extraordinary measures become available on June 30.”

The date is uncertain because of the unpredictable nature of tax receipts, and Rep. Jason Smith of Missouri, chair of the House Ways and Means Committee, said earlier this month that it could come as early as mid-May.

Henrietta Treyz, director of economic policy at Veda Partners, wrote in a Monday note to clients that an earlier “x date” would be beneficial to House Republicans and those rooting for the Trump tax plan to be initiated in a single piece of legislation as soon as possible.

The Treasury Department has been using special accounting maneuvers since Jan. 21 to avoid breaching the $36.1 trillion debt ceiling, which kicked in at the start of the year. But the department has yet to offer specific guidance on when those measures will be exhausted.

Full article: https://www.zerohedge.com/economics/cbo-warns-us-treasury-could-default-soon-august

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It is time to enact a massive debt-elimination budget clean-up operation. And there is one comprehensive plan with the raw power to make it happen.

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

$60,000 per U.S. citizen – Leviticus 25 Plan 2026 (26221 downloads )

The U.S. economy does not need Fed rate cuts – and no one should be pressuring the Fed to ease in our current economic situation – when there is a monumentally better, and more powerful economic acceleration plan loaded up and ready to launch.

What the U.S. needs more than anything is massive public and private debt elimination. The immediate and long-term benefits of a systematic, massive debt elimination plan would dwarf, by orders of magnitude, the limited benefits of any rate-lowering cycle the Fed could ever set in motion.

A rate cutting cycle would have little, if any effect on reducing the $35.5 trillion national debt or the projected $2.0 trillion annual deficits, or the $3.1 trillion of State and Local debt, or the current $18.04 trillion of Household Debt in the U.S..

A rate cutting cycle would do nothing to shrink entitlement spending and reduce the government’s ever-growing footprint across America’s private sector landscape.  It would do nothing to restore real financial security and rekindle the spirit of self-reliance for America’s hard-working, tax-paying U.S. citizens.

It would do nothing to spur a legitimate long-term economic growth cycle, stabilize the credit markets, and strengthen the U.S. Dollar.

A rate cutting cycle at this time would merely be an open door for additional debt accumulation and eventually lead into another rate-tightening phase. And it would penalize savers.

The Leviticus 25 Plan’s massive debt elimination plan, on the other hand, would immediately:  1) Generate a series of annual Federal budget surpluses, along with State and Local government surpluses;  2) Reduce fraud and waste across many of government’s social insurance sectors;  3) Restore real financial security for millions of American families, rekindle the spirit of self-reliance, and scale back out-of-control entitlement spending;  4) And generate a long-term economic growth cycle that would benefit all Americans, and especially the 33.2 million small businesses across the U.S..

Moreover, it is a plan that will pay for itself entirely over a 10-15 year period.

The Leviticus 25 Plan would allow the Fed to adjust interest rates a function as free market dynamics and price discovery dictated, rather than depending upon complex timing models amid political pressures.

Higher rates would allow savers to earn millions of dollars in additional interest. It would help curb interests in ‘fast money’ and speculation within the economy, and it would decrease the likelihood of new ‘bubbles’ popping up in financial markets.

The Leviticus 25 Plan – loaded up and ready to launch.

The Leviticus 25 Plan – An Economic Acceleration Plan for America

$90,000 per U.S. citizen – Leviticus 25 Plan 2026 (26168 downloads )

The Federal Debt currently stands at $36.608 trillion, with continuing deficits hitting new records. Household Debt has reached $18.04 trillion. State and Local debt has breached the $2.122 trillion level.

America is drowning in debt.

The good news – there is a powerhouse solution to this mess: The Leviticus 25 Plan.

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US deficit sets record with $1.1 trillion in first five months of fiscal year 2025

The new numbers, released Wednesday, showed the deficit between October 2024, and February 2025. The deficit for February alone was $307 billion.

By Misty Severi | JustTheNews.com | Published: March 12, 2025

The United States’ deficit increased by a record-breaking $1.1 trillion during the first five months of the current fiscal year, new data from the Treasury Department showed.

The new numbers, released Wednesday, showed the deficit between October 2024 and February 2025. The unadjusted increase saw a surge of $1.147 trillion, while the deficit for the same period in fiscal year 2024 was $828 billion. The deficit for February alone was $307 billion. 

The deficit is largely driven by spending on interest, military programs, public benefits and security, according to the financial news outlet Barron’s. The largest spending costs came from interest paid on the public debt and higher tax credits.

A Treasury department spokesperson told CNBC that there has been limited impact from Elon Musk’s Department of Government Efficiency, which is attempting to reduce wasteful government spending. But the department’s operations have only been active for one month. 

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Meanwhile… Household Debt Hits $18.04 Trillion; Auto and Credit Card Delinquency Transition Rates Remain Elevated – NY Fed:

Total household debt increased by $93 billion to reach $18.04 trillion in the fourth quarter, according to the latest Quarterly Report on Household Debt and Credit. Aggregate delinquency rates ticked up 0.1 percentage point (ppt) from the previous quarter to 3.6 percent of outstanding debt in some stage of delinquency. Mortgage balances rose by $11 billion to stand at $12.61 trillion at the end of December. Transition into serious delinquency, defined as 90 or more days past due, remained stable for mortgages, but edged up for auto loans, credit cards, and HELOC balances. Auto loan balances saw an $11 billion increase to $1.66 trillion in the fourth quarter, while credit card balances increased by $45 billion from the previous quarter to reach $1.21 trillion at the end of December.

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The Leviticus 25 plan is the one and only economically viable, politically feasible plan currently ‘on the table’ to reverse America’s colossal (and growing) debt dilemma – and get the U.S. back on solid financial ground.

The Leviticus 25 Plan – An Economic Acceleration Plan for America

$90,000 per U.S. citizen – Leviticus 25 Plan 2026 (25891 downloads )

March 2025 quote:  ““A society that puts equality — in the sense of equality of outcome — ahead of freedom will end up with neither equality nor freedom. The use of force to achieve equality will destroy freedom, and the force, introduced for good purposes, will end up in the hands of people who use it to promote their own interests.

On the other hand, a society that puts freedom first will, as a happy by-product, end up with both greater freedom and greater equality.  Though a by-product of freedom, greater equality is not an accident.  A free society releases the energies and abilities of people to pursue their own objectives.

It prevents some people from arbitrarily suppressing others.  It does not prevent some people from achieving positions of privilege, but so long as freedom is maintained, it prevents those positions of privilege from becoming institutionalized; they are subject to continued attack from other able, ambitious people.  Freedom means diversity but also mobility.  It preserves the opportunity for today’s disadvantaged to become tomorrow’s privileged and, in the process, enables almost everyone, from top to bottom, to enjoy a fuller and richer life.”   – Milton Friedman

The Leviticus 25 Plan is the only economically viable, politically feasible plan on the table anywhere in the world — to clean up paralyzing debt burdens and revitalize real, non-debt driven, economic growth.

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WSJ: DOGE Won’t Be Enough to Get the Federal Budget Under Control

Discretionary spending represents only 16% of the federal budget. We can’t avoid entitlement reform.

By James A. Baker III and John W. Diamond

The Wall Street Journal | Feb. 24, 2025 – Excerpts:

Government debt has exceeded $36 trillion and continues mounting, with no end in sight. This is unsustainable absent dramatic changes in how we allocate our tax dollars.

Budget hawks have been rare in Washington since 2010, when the bipartisan Simpson-Bowles commission put forth a comprehensive plan to reduce spending and increase revenue, only to see it sink. Today, the problem is dire. Our ratio of federal debt held by the public to gross domestic product has grown from 61% in 2010 to 100% this fiscal year. Left uncorrected for another four years, we will surpass the historic high of 106% that America hit at the end of World War II.

It’s little wonder that more Republicans and Democrats are voicing concerns that American global power—backed by economic strength—is threatened by growing budget deficits. It’s time lawmakers seek solutions rather than argue about who’s to blame.

Several factors drive deficit spending, including an aging population and rapidly rising medical costs. But the major reason is reckless spending.

President Trump deserves credit for trying to make the federal bureaucracy more efficient to reduce deficits. His decision to create the Department of Government Efficiency put a much-needed brake on wasteful government spending.…

…[T]here are many steps the administration and lawmakers can take. The nondefense discretionary spending that DOGE has focused on is only 16% of the federal budget. If DOGE reaches its goal of reducing spending by $500 billion, the budget deficit for the year will be reduced by about 26%. That’s a good start. But our leaders must also develop plans to control spending on entitlement programs, because those will be the primary source for our deficits in the coming decades.

America can’t achieve a sustainable budget without reforming Social Security, Medicare and other healthcare benefits. Together, these accounted for 49% of federal spending last year, and the share is growing over time.

Meanwhile, these programs are hurdling toward insolvency. Social Security is projected to be insolvent by 2034. Unless Congress and the White House enact reforms by then, there will be a 23% reduction in benefits. Similarly, Medicare Part A is projected to exhaust its trust fund by 2036, requiring an 11% cut in benefits.…

….We’re about two presidential terms away from the Social Security and Medicare trust fund exhaustion dates. Fortunately, that’s plenty of time to identify solutions that can attract bipartisan support. Republicans and Democrats must work together to form bipartisan commissions to begin studying solutions.

Given the current political climate in Washington, it would be wise for such commissions to keep their thoughts as confidential as possible until the time comes to release a final set of recommendations. The reasoning for doing so is straightforward: Political foes are quick to use any mention of a potential solution as an immediate campaign slogan.

If America fails to act, debts will grow as deficits add up and interest payments balloon to unprecedented levels. Inflation will surge again. Such an outcome will reduce the nation’s economic vitality, impose a hardship on the least-affluent Americans most affected by inflation, and strip the U.S. of the flexibility needed to respond to economic crises and existential foreign policy challenges.

Mr. Baker served as White House chief of staff (1981-85 and 1992-93) Treasury secretary (1985-88) and secretary of state (1989-92). Mr. Diamond is senior director of the Center for Tax and Budget Policy at Rice University’s Baker Institute for Public Policy.

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The Leviticus 25 Plan will eliminate enormous sums of Household Debt for millions of American families, at the same time, helping to lift millions of Americans up and out of poverty.

The Leviticus 25 Plan will dramatically reduce federal (and state) government outlays and generate budget surpluses:

 Federal Income Tax recapture during each year of the initial 5-year activation period (2026-2030): $274.8 billion

Means-tested Welfare entitlement spending recapture during the 5-year target period (2026-2030): $3.153 trillion.

Total Medicaid/CHIP recapture (2026-2030): $2.026 trillion.
 
Total Medicare spending recapture (2026-2030):  $1.906 trillion.

VA Healthcare total recapture (2026-2030):  $239.472 billion

TRICARE recapture (2026-2030):  $228.0 billion.

Social Security Disability Income (SSDI) recapture (2026-2030): $633.072 billion.

Total Interest Expense eliminated due to projected operating surpluses (2026-2030): $114.839 billion.

Federal Budget – projected average annual surplus (2026-2030): $36.568 billion per year.

The most powerful economic acceleration plan in the world – loaded up and ready to launch.

The Leviticus 25 Plan – An Economic Acceleration Plan for America

$90,000 per U.S. citizen – Leviticus 25 Plan 2026 (25722 downloads )