Washington Democrats have an economic plan: Socialism expansion, debase the Dollar, migrate to MMT economics, roll the U.S. economic system into the coming ‘Central Bank Digital Currency’ new world order, and subvert the individual rights and liberties of all Americans.

Washington Republicans have ‘no credible plan’ … other than to lightly ‘tap the brakes’ on the Democrats’ broader socialization mission and goals.

Washington Republicans have priceless opportunity at this very moment to get America’s exploding deficits back under control, solve the ongoing the budget battles / government shutdown deadlines, restore economic liberty, and get America back on track. Shamefully… they have no plan.

Congress Has 5 Days To Avert A Shutdown | Down to the wire once again…  Nov 13, 2023 – ZeroHedge

………..

No Surprise, House Speaker Johnson Proposes Same Plan as McCarthy | There are likely big surprises elsewhere, but there is no surprise in this corner regarding Johnson’s plans to keep the government running.  Nov 13, 2023 – ZeroHedge

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The Federal Reserve also has no plan to stabilize the financial system, avert a looming Treasury auction crisis, insure long-term strength and stability for the U.S. Dollar, and reignite economic growth.

The Fed Has No Plan, And Is Just Hoping For The Best | There is no long-term thinking here about building a sound economy, fostering investment, or helping the working man save for retirement. The Fed’s concern is keeping up appearances…   Nov 12, 2023 – ZeroHedge

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There’s A “Crisis Brewing”: Powell & Piss-Poor Auction Spark Chaos In Credit Markets, Crypto Soars | Nov 9, 2023 – “…this is a shitshow, liquidity is disastrous and the auction is the canary in the coalmine…” – ZeroHedge

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Washington Republicans are once again playing out a ‘losing hand’ with voters in this ongoing game of budget roulette. 

Washington Republicans wasting a golden opportunity, a once in a generation moment, to present a dynamic new winning plan for America – one that would put an end to these revolving-door debt ceiling impasses once and for all – and deliver a powerful debt-elimination strategy across all sectors of the U.S. economy, with major financial security gains for working Americans.  A plan that will strengthen America’s long-term national security interests.

Main Street America Republicans have just such a plan – loaded up and ready to launch.

The Leviticus 25 Plan economic acceleration plan that will provide a dynamic ‘recharge’ to the U.S. economy, generate meaningful budget surpluses, reestablish citizen-centered healthcare, and restore economic liberty in America. 

It will “unleash a new wave of prosperity” in America.

The Leviticus 25 Plan will generate $619 billion federal budget surpluses for the initial 5 years of activation (2024-2028), and completely pay for itself over the succeeding 10-15 years.

The Leviticus 25 Plan is a powerful 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 2023

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 – An Economic Acceleration Plan for America 2024

$90,000 per U.S. citizen – Leviticus 25 Plan 2023 (8479 downloads)

Website:  https://leviticus25plan.org/

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Preview 1:

The Leviticus 25 Plan provides a $90,000 credit extension, direct from the Federal Reserve, to every participating U.S. citizen:  $60,000 into a Family Account (FA) and $30,000 into a Medical Savings Account (MSA).

Example:  Qualifying family of four would receive $240,000 in their FA, and $120,000 in their MSA.

Primary goals:  Massive debt elimination at family level: mortgage debt, consumer debt, student loan debt.  Federal budget surpluses.

Eligibility:  U.S. Citizen.  Job history, credit history requirement (similar to traditional credit checks for bank loans).  Clean recent drug history.  Clean crime history.

Requirements:  Forego all federal and state tax refunds for 5-year period.

Forego Economic Security and selected means-tested welfare benefits – for minimum 5-year period.

Forego enhanced federal rental forbearance/assistance – for minimum 5-year period.

Forego SSI and SSDI for minimum 5-year period.

New $6,000 deductible on primary care access to: Medicare, Medicaid, VA, TRICARE, FEHB – for minimum 5-year period.

The Plan assumes that the elite-wealthy will not participate, because their refunds are too valuable to give up over the requisite 5-year period.

The Plan also assumes that many who heavily depend on Economic Security and social welfare benefits will also choose not to participate, because the overriding value of those benefits, vs foregoing them, over the 5-year period.

Preview 2:

The Leviticus 25 Plan grants the same direct access to liquidity, through a Fed-based Citizens Credit Facility, similar to the credit facilities that were created by the Fed to transfuse trillions of dollars in direct transfers and credit extensions to Wall Street’s major banks, credit agencies and insurers during the great financial crisis. 

The following facilities were created and activated by the Fed for this massive Wall Street bail out operation: Term Auction Facility (TAF), Primary Dealer Credit Facility (PDCF), Term Securities Lending Facility (TSLF), currency swap agreements with several foreign central banks,  Commercial Paper Funding Facility (CPFF), Asset-Backed Commercial Paper Money Market Mutual Fund Liquidity Facility (AMLF), Money Market Investor Funding Facility (MMIFF), and the Term Asset-Backed Securities Loan Facility (TALF), and access to the Fed’s Discount Window.

Additional perspective:  SIGTARP, the oversight agency of the Troubled Asset Relief Program (TARP), in its July 2009 report, vetted by Treasury, noted that the U.S. Government’s “Total Potential Support Related to Crisis” (page 138) amounted to $23.7 trillion. While this figure represents a backstop commitment, not a measure of total potential loss, it is nonetheless an astounding degree of support, in the form of liquidity infusions, credit extensions and guarantees, various other forms of assistance for financial institutions and other business entities affected by the financial crisis.

Preview 3:

The Leviticus 25 Plan website has been accessed on one or more occasions by the following financial enterprises/agencies:  JP Morgan, Goldman Sachs, Morgan Stanley, Bank of America, Citigroup, Wells Fargo, State Street, Merrill Lynch, AIG, Barclays Plc, Royal Bank of Scotland, Deutsche Bank, Société Générale S.A, UBS AG, Credit Suisse, BNP Paribas, The U.S. Department of Treasury, General Accountability Office (GAO), The European Central Bank (ECB), Bank of England (BOE), Swiss National Bank (SNB), Bank of Canada, Bank of Montreal, Bank for International Settlements (BIS).

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The General Accountability Office has stated that America’s ongoing debt crisis is unsustainable.

It is time for America to institute a bold, new plan.

The Leviticus 25 Plan is loaded up and ready to launch.  The ‘golden moment’ for Republicans has arrived.

The $650 billion outlay of IMF IOUs backed by the U.S. Treasury—called special drawing rights—sent money to Moscow [$17 billion] while the world watched Mr. Biden abandon Bagram Air Base to the Taliban. Iran gained access to about $4.5 billion through the IMF deal, and China had a windfall of $40 billion.

According to the International Monetary Fund (IMF), “the United States contributes $117 billion to the IMF quota (17.46%). In addition, the United States has contributed $44 billion to funds at the IMF that supplement quota resources.” Mar 8, 2022

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WSJ: No More IMF Subsidies for Dictators

Biden and Yellen pushed to give Russia $17 billion while troops gathered on Ukraine’s border.

By John Kennedy | WSJ, March 22, 2022 – Excerpts:

U.S. European Command warned a year ago that a crisis could be imminent in Ukraine. Vladimir Putin had set up more than 100,000 members of his military to breathe down Ukraine’s neck—the biggest mobilization since Russia annexed Crimea in 2014. As Mr. Putin prepared to invade a sovereign democracy, the Biden administration continued pushing for more than $17 billion in International Monetary Fund allocations for Moscow.

President Biden and Treasury Secretary Janet Yellen ultimately got what they wanted in August, when the IMF doled out more money in one general allocation than ever before. The $650 billion outlay of IMF IOUs backed by the U.S. Treasury—called special drawing rights—sent money to Moscow while the world watched Mr. Biden abandon Bagram Air Base to the Taliban. Iran gained access to about $4.5 billion through the IMF deal, and China had a windfall of $40 billion.

In this case, there were no sanctions to evade because the Biden administration simply handed Vladimir Putin, Ayatollah Ali Khamenei and Xi Jinping the money. The IMF special drawing rights function as subsidies, since countries awarded these tokens can exchange them for hard currency like dollars and euros on demand without having to repay the principal. Immediately after the White House finalized these subsidies, Russia’s foreign reserves hit a new high.…

The White House’s most egregious move may be yet to come. The Biden administration purposefully structured the 2021 allocation as a down payment on another flood of special drawing rights this year, totaling $350 billion. Some Democrats asked Ms. Yellen in November to back a tranche of about $2 trillion. In either case, Treasury would again lay tens of billions of dollars at the feet of dictators and terror states. But more free money won’t beget better behavior.

As the new axis of evil grew richer last fall, it grew markedly more belligerent. Russia invaded Ukraine, Iran became more incorrigible in its nuclear-deal demands, and China signaled recently it believes its claim to Taiwan is even stronger than Russia thinks it has to Ukraine.

Mr. Biden and Ms. Yellen can’t say they weren’t warned. I started imploring Ms. Yellen not to subsidize our enemies in the name of Covid relief last March, as did the Journal’s editorial board.

The Biden administration also can’t claim it was forced into the deal by the IMF, given that the U.S. has the largest voting share in the fund. The allocation that lined the pockets of Messrs. Putin and Xi had to have U.S. approval because the world’s largest economy can veto major IMF decisions.

Treasury can’t claim it had no other options. The IMF could have avoided spending the bulk of the $650 billion general allocation on dictators and countries that didn’t need the aid by making the special allocation for the poorest nations. Again, these pages pointed out that Mr. Biden’s objection to a tailored approach was that it would require him to submit to Congress—which he seems generally reluctant to do.

The White House’s eyes were wide open, and its hands weren’t tied. Team Biden knew Mr. Putin was mobilizing against Ukraine and greenlit $17 billion for Russia anyway, while slowing military aid for Ukraine.

China and Iran have been taking notes at every turn. Mr. Biden’s end-run around Congress left rogue leaders emboldened and enriched. His task now is to get America out of Iran-deal negotiations, force Russia out of Ukraine, and keep China out of Taiwan.

He needs to demonstrate resolve. He can start by disavowing future IMF allocations that would pour money into Russia, China, Iran and their like. Let’s shut off the IMF spigot to communists and terrorists and make sure it stays shut.

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WSJ:  IMF Seeks to Allay Doubts Following Data-Rigging Scandal, Move Forward With New Agenda

By Josh Zumbrun | WSJ, Oct. 14, 2021 – Excerpts

Kristalina Georgieva, managing director of the International Monetary Fund, was cleared by the organization’s board for her role in a World Bank report that was manipulated to benefit China— just one of the recent challenges before the IMF.

Following a data-rigging scandal that engulfed its managing director, the International Monetary Fund is working to regain its footing in international financial markets while it works to balance the competing interests of its two main backers, the U.S. and China.

The IMF board cleared the group’s leader Kristalina Georgieva earlier this week for her role in a World Bank report that was manipulated to benefit China, but the scandal remains an active issue for the U.S. Treasury and some American lawmakers. “If the allegations are true that China can intimidate objective economic analysis to get its desired outcomes, that’s concerning,” said Sen. Jim Risch of Idaho, the ranking Republican on the Senate Foreign Relations Committee….

Private investors, new lending facilities of the Federal Reserve, and the rise of China as a lender to other countries have all supplanted some traditional IMF functions. That leaves the organization with a diminished role in global finance and growing skepticism from many in Washington about its future.

The rise of China as a lender presents a particular conundrum. Many U.S. officials have grown concerned that IMF programs can ultimately benefit China. Such concerns emerged clearly when in 2018 Pakistan came to the IMF seeking a bailout, partially because it had taken on too much debt for projects with China’s Belt and Road Initiative. China’s external lending and U.S. concerns have only grown since then. Then-Secretary of State Mike Pompeo criticized the IMF at the time, insisting IMF funds shouldn’t be used to bail out China.

During recent financial upheavals, it was the U.S. Federal Reserve that flooded the global financial system with hundreds of billions of dollars of central-bank liquidity swaps. The Fed provided funds directly to many emerging markets, traditionally the IMF’s domain.…

Nearly 100 countries sought loans. Total IMF lending climbed from $74 billion in 2019 to as high as $106 billion at the end of 2020. Loans made on concessional, or zero-interest, terms climbed from $7 billion to $14 billion. The IMF committed at this week’s meeting to boost such lending further.…

[During the pandemic] Nearly 100 countries sought loans. Total IMF lending climbed from $74 billion in 2019 to as high as $106 billion at the end of 2020. Loans made on concessional, or zero-interest, terms climbed from $7 billion to $14 billion. The IMF committed at this week’s meeting to boost such lending further….

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Again… President Joe Biden along with Janet Yellen ‘greenlit’ the “$650 billion outlay of IMF IOUs backed by the U.S. Treasury—called special drawing rights—sent money to Moscow while the world watched Mr. Biden abandon Bagram Air Base to the Taliban. Iran gained access to about $4.5 billion through the IMF deal, and China had a windfall of $40 billion.

U.S. tax-payer dollars have been flowing freely, through the IMF, to America’s avowed enemies… to provide liquidity and assist them ‘in their time of need.’

And... “During recent financial upheavals, it was the U.S. Federal Reserve that flooded the global financial system with hundreds of billions of dollars of central-bank liquidity swaps.”

There is no better time than right now to ramp up Federal Reserve ‘liquidity flows’ directly to hard-working, tax-paying U.S. citizens to clean up America’s own debt-saturated financial quagmire.

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 (8284 downloads)

“Monetary Debasement” is Highly Likely

ZeroHedge, Oct 26, 2023 – Submitted by QTR’s Fringe Finance – Excerpts:

“….we strongly believe that given the system of Governments and Central Banks that we live under that “monetary debasement” is highly likely.  That is the good news.  The bad news is getting the timing right is tough, but when it does happen, we are not talking about small upside. The upside is very outsized.  

We think that it is important to understand how front end weighted the US Federal Debt has become.  This means that the Federal interest expense is very sensitive to the short term interest rate. The next two charts help us to understand this more clearly. 

First, see the chart below.   Note how half of the debt will need to be rolled over within the next 3 years.  

Most of this debt was issued with interest rates that are way below today’s level. 

Then consider the following chart which shows that presently the US Federal Government is paying 2.49% on average on its debt burden.  Consider that US Federal Interest expense is running at a $970B annual rate (see Parts 1 and 2 of this letter).

Further, consider that US Bond interest rates now range between 4.6% and 5.4%, or nearly twice the average that is being paid now.  As the bonds above mature they will need to be rolled over at higher rates.  Total US Federal Debt is $35.5T but it is growing at $2-3T per year (conservatively). 

Let’s say the average interest rate becomes 4.6% over the next few years and deficits run at $2.5T per year.  This means that in two years US Federal interest expense will be $1.9T, or more than double today’s run rate.  All else equal we would add another $1 Trillion to the deficit.  This helps to explain why we are in a debt doom loop.“

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America needs a powerhouse new economic acceleration plan to stop the deluge…

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 (8037 downloads)

America is getting buried in debt – and an accelerating rate.

Washington Democrats and their Republican colleagues have no credible plan to change the dynamic.

Washington has America on track for full-scale debasement of the U.S. Dollar – and economic chaos.

Main Street America Republicans do have a plan, and it is a bold one. Ready to launch.

US To Borrow $1.5 Trillion In Debt This & Next Quarter, After Borrowing A Massive $1 Trillion Last Quarter

ZeroHedge, Oct 30, 2023 – After borrowing $1 trillion in calendar Q3, the US is preparing to borrow another $1.5 trillion in calendar Q4 ’23 and Q1 ’24, or a total of $2.5 trillion, and that’s only for 9 months of the calendar year…

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Marketable US Treasury Debt to Explode by $2.85 Trillion in the 10 Months from End of Debt Ceiling to March 31, 2024

Wolff Street, Oct 30, 2023 – Including $1.56 trillion in Q4 2023 & Q1 2024 combined. Government has gone nuts.

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The Leviticus 25 Plan will provide a dynamic ‘recharge’ to the U.S. economy, generate meaningful budget surpluses, protect and strengthen the purchasing power of the U.S. Dollar, reestablish citizen-centered healthcare, and restore economic liberty in America. 

It will “unleash a new wave of prosperity” in America.

The Leviticus 25 Plan will generate $619 billion federal budget surpluses for the initial 5 years of activation (2024-2028), and completely pay for itself over the succeeding 10-15 years.

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 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

The Leviticus 25 Plan – An Economic Acceleration Plan for America

$90,000 per U.S. citizen – Leviticus 25 Plan 2023 (8035 downloads)

Medicaid – As of June 2023 92,614,205 individuals were enrolled in Medicaid and CHIP in the 50 states and the District of Columbia.

KFF – Medicaid Financing:  Medicaid spending (not including administrative costs) totaled $728 billion in federal fiscal year (FFY) 2021 (Figure 1).

Medicaid/CHIP Recapture – Each U.S. citizen participating in The Plan will receive a $30,000 deposit, funded through a Federal Reserve-based Citizens Credit Facility, into a personal Medical Savings Account (MSA).

The Leviticus 25 Plan assumes 80% participation by Medicaid / CHIP enrollees.

Within this comprehensive economic plan, The U.S. Health Care Freedom Plan provides Medical Savings Account (MSA) funding of $30,000 to cover the $6,000 deductible for Medicaid and CHIP eligible primary care events and select out-patient care services – primarily related to routine medical appointments, Medicaid prescription events, disease state monitoring clinics, and other desired primary care services.

Using a conservative estimate of 90.5 million for 2023, with a projected annual growth rate of 2%:

2023:  90.5 million

2024:  92.3 million

2025:  94.1 million

2026:  96.0 million

2027: 97.9 million

2028:  99.8 million

Total:  480.1 million receiving benefits 2024-2028

Average annual enrollment (2024-2028): 96.0 million

96.0 million X .8 = 76.8 million X $6,000/year X 5 years = $2.304 trillion

Total Medicaid/CHIP recapture during the 5-year target period (2024-2028):  $2.304 trillion 

Significant additional benefits would accrue to states through reductions in Medicaid / CHIP outlays.

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Medicare – As of March 2023, there were 65,748,297 people enrolled in Medicare,

Medicare Advocacy reported, Apr 6, 2023, that “the Medicare Trustees released their annual report on the financial status of Medicare’s trust funds, projecting that the Hospital Insurance (HI) trust fund will be partially depleted and able to pay only 89% of benefits in 2031. This projected date is three years later than in last year’s report.

Medicare Recapture – Each U.S. citizen participating in The Plan will receive a $30,000 deposit, funded through a Federal Reserve-based Citizens Credit Facility, into a personal Medical Savings Account (MSA).

The Leviticus 25 Plan assumes 80% participation by Medicare enrollees.

Within this comprehensive economic plan, The U.S. Health Care Freedom Plan provides Medical Savings Account (MSA) funding of $30,000 to cover the $6,000 deductible for Medicare-eligible primary care events and select out-patient services – primarily related to routine medical appointments, Medicare Part D prescription events, disease state monitoring clinics, and other desired primary care services.

There were 65.748 million Americans enrolled in Medicare as of Mar 2023.  Conservative growth projected at 4.0% annually through 2030.    

For the 5-year target period (2024 – 2028)

2023:  65.75 X .8 X $6,000 = $315,600,000

2024:  68.38 X .8 X $6,000 = $328,224,000

2025:  71.12 X .8 X $6,000 = $341,376,000

2026: 73.96 X .8 X $6,000 = $355,008,000

2027:  76.92 X .8 X $6,000 = $369,216,000

2028:  79.99 X .8 X $6,000 = $383,985,000

Total Medicare recapture during the 5-year target period (2024-2028):  $1.778 trillion 

Note:  Medicare Part D prescription events per year: 1.8 billion.  An 80% participation rate would result in 1.44 billion prescriptions being paid for directly with an MSA debit card. Star ratings for pharmacies would cease to be a burdening factor for these prescription events. Low income subsidies for Part D plans would also undergo a significant reduction in outlays.

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Social Security – The Social Security trust funds, relied on by approximately 67 million American beneficiaries, are scheduled to be depleted in 2034 ,

The Social Security trust funds are comprised of two financial accounts in the U.S. Treasury.  The Old-Age and Survivors Insurance (OASI) Trust Fund pays retirement and survivors benefits; the Disability Insurance (DI) Trust Fund pays disability benefits.

The Leviticus 25 Plan, which specifies that participants will not be eligible for SSDI benefits, will save the Social Security Administration $665 billion over the first five years of activation (2024-2028).  The Plan assumes 80% participation.

Number, average, and total monthly benefits, December 2022: 

8,741,000 recipients; Total annual SSDI payments, December 2022: ~$142.248 billion.

SSDI received an 8.7% Cost of Living Adjustment (COLA) for 2023.  This projection assumes a conservative 2% growth per year for 2024-2028.

2023:  $154.623 billion (includes 2023 8.7% COLA)

2024:  $159.715 billion

2025:  $162.909 billion

2026:  $166.169 billion

2027:  $169.492 billion

2028:  $172.881 billion

Total:  $831.166 billion / Average per year: $166.233 billion

Total for 5-year target period 2024-2028:

Plan assumes 80% participation – recapture:  $831.166 billion X 0.8 = $664.933 billion

The Leviticus 25 Plan will also boost the number of Americans working and paying into the Social Security trust funds and provide significant strides toward solvency over the coming two decades.

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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 (7435 downloads)

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October 2023 quote:  “You never change things by fighting the existing reality. To change something, build a new model that makes the existing model obsolete.”  – Buckminster Fuller

Improving teacher pay and compensation, for both public and private school teachers, is a critically important goal for school districts across America for attracting and retaining dedicated, top notch teachers within the profession – and providing the best resources for high achievement by America’s school children.

At the same time, all working Americans – military, law enforcement, medical / healthcare, maintenance workers, construction, fire and rescue, service workers – are deserving of an opportunity, a comprehensive initiative, to strengthen their families’ financial status and relieve the burden of government control over their daily lives.

The Leviticus 25 Plan provides the perfect opportunity to reward all hard-working, tax-paying Americans with far greater financial benefits and than is possible by taxing one segment of the population base to increase the compensation of another.

The Leviticus 25 Plan would provide for massive elimination of vast tracts of household debt (home mortgages, home equity loans, auto loans, student loans, and credit cards) and installment debt – with positive benefits that would last for decades.

According to the Federal Reserve Bank of New York, “Total household debt rose by $16 billion to reach $17.06 trillion in the second quarter of 2023, according to the latest Quarterly Report on Household Debt ..”

Trillions of dollars would cease flowing to banks each year for debt service, and instead be retained by working U.S. citizens and their families. The benefits would be incalculable.

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The Leviticus 25 Plan would also provide a powerful mechanism for student loan debt elimination that would equally benefit the millions of college graduates across America who have previously paid back their student loans.

LendingTree.com reports: “Americans own $1.77 trillion in federal and private student loan debt as of the second quarter of 2023. That’s up 1.25% from the second quarter of 2022. $128.77 billion of that total through March 31, 2023, is private student loan debt.”

According to Education Data Initiative, “The average federal student loan debt is $37,338 per borrower. Private student loan debt averages $54,921 per borrower. The average student borrows over $30,000 to pursue a bachelor’s degree.”

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 (7433 downloads)

U.S. Government social welfare and income security programs typically penalize people by reducing benefits for earnings above the prescribed limits.

Government child care programs also provide higher benefits for single parent households, thereby disincentivizing marriage.

While the US Labor Force Participation Rate has been slowly rising over the past three years, it remains below the long-term average.

Source: YCharts

The U.S. economic system needs policies that positively incentivize work and productivity.

The Leviticus 25 Plan would benefit millions of American families by providing a major upgrade in financial security (massive debt elimination, positive savings/investments, improved health care access) while opening up additional work opportunities with higher income potential.

The Leviticus 25 Plan would positively encourage millions of additional able-bodied workers to be gainfully employed in the work force, filling millions of job openings across the U.S. – strengthening the economic system.

The Leviticus 25 Plan – An Economic Acceleration Plan for America

$90,000 per U.S. citizen – Leviticus 25 Plan 2023 (7432 downloads)

America needs a powerful new plan to give people a helping hand up out of poverty, rather than continuing to simply feed and perpetuate it.

Current social welfare and entitlement programs perversely reward single-parent households (better benefits) and disincentivize work. They are riddled with fraud, abuse, and improper payments. And they are disproportionately feeding America’s snowballing annual federal deficits.

Washington Democrats and Republicans have no concrete plan to change any of this.

Main Street America Republicans do have a plan….

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Government expenditures on poverty programs have skyrocketed over the past three years.

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The Surprising Poverty Levels Across the U.S.

Oct 3, 2023 – Excerpts:

While low-income households struggled disproportionately, the average American household took hits as well. Median household income adjusted for inflation fell 2.3% last year to $74,580, The fastest rising inflation rate since 1981 dominated the gains of increased employment and rising wages.

California, Florida, and Mississippi have the highest poverty rates of any state

New York and Texas follow close behind

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Main Street America Republicans have the plan to get America back on course toward a prosperous future.

The Leviticus 25 Plan will free millions of American families who wish to be free from dependence on federal and state subsistence programs, and free from government control over their daily lives.

It will re-incentivize work, and reward traditional two-parent families. It will provide a significant clean-up of the social program fraud and abuse, and improper payments.

The Leviticus 25 Plan will generate $619.5 billion federal budget surpluses each of its first five years of activation (2024-2028) – and enormously benefit state and local government budget-balancing.

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 (7415 downloads)

Washington Democrats have set America on a downward glide-path to the ‘fiscal cliff’ where the U.S. Dollar crashes and the whirlwind of economic chaos wreaks its destruction across the land.

Washington Republicans are again in disarray with no viable plan to unite the party and resolve America’s debt crisis, and win votes from working-class Americans.

Main Street America Republicans, meanwhile, do have a plan – the most powerful economic acceleration plan on the face of the globe.

Sep-Oct 2023 Washington Democrats are pressing hard for ongoing, unrestrained deficit-spending and its corollary effects:  1) fueling the ongoing inflation crisis; 2) steepening the growth curve of America’s national debt; 3) weakening the U.S. Dollar’s status as the world’s reserve currency; 4) imposing ever-greater government control over the daily affairs of U.S. citizens; 5) and ultimately endangering our national security.

Washington Republicans have no viable, vote-winning economic plan (with real numbers), other than to lightly ‘tap the brakes’ on the Democrats’ tax, spend, and regulate big-government agenda.  Washington Republicans have no over-riding vision, no detailed plan with hard number projections, to get America up off its knees and back on track.

Headlines:

McCarthy Throws Fit, Accuses GOP Hardliners Of Wanting To “Burn The Whole Place Down” As Shutdown Looms – ZeroHedge, Sep 22, 2023 – Excerpt: House Speaker Kevin McCarthy has sent the House home for the week without a resolution on the looming government shutdown, after members of the Freedom Caucus refused to play ball, scuttling plans to pass a Continuing Resolution (a 30-day band-aid to avoid government shutdown), and putting 11 appropriations bills in jeopardy which McCarthy is hoping to pass in the next nine days.

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BREAKING: House Republicans Fail to Pass Short-Term Spending Bill as Government Shutdown Looms – Cristina Laila  TGP  Sep. 29, 2023

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Government Prepares Employees For Shutdown As Congress Rolls Out Last Ditch (DOA) Stopgaps – Meanwhile Gaetz guns for McCarthy…  SEP 29, 2023

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GOP created — and must clean up — shutdown mess – Star Tribune, Sep 26, 2023

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Speaker McCarthy ousted in historic House vote, as scramble begins for a Republican leader – (AP) Oct 3, 2023

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May 2023: – a look back…:

Debt-Ceiling Update: Washington Republicans Getting Pilloried Over Vague $4.8 Trillion Non-Defense Budget Cuts. “Meanwhile, Main Street America’s Republicans” Present Their Own Powerhouse, Debt-Busting Plan to Get the United States Back on Track.

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Washington Republicans are once again playing out a ‘losing hand’ with voters in this ongoing game of budget roulette. 

Washington Republicans right now have a golden opportunity, a once in a generation moment, to present a dynamic new winning plan for America – one that would put an end to these revolving-door debt ceiling impasses once and for all – and deliver a powerful debt-elimination strategy across all sectors of the U.S. economy, with major financial security gains for working Americans.  A plan that will strengthen America’s long-term national security interests.

Main Street America Republicans have just such a plan – loaded up and ready to launch.

The Leviticus 25 Plan economic acceleration plan that will provide a dynamic ‘recharge’ to the U.S. economy, generate meaningful budget surpluses, reestablish citizen-centered healthcare, and restore economic liberty in America. 

It will “unleash a new wave of prosperity” in America.

The Leviticus 25 Plan will generate $619 billion federal budget surpluses for the initial 5 years of activation (2024-2028), and completely pay for itself over the succeeding 10-15 years.

The Leviticus 25 Plan is a powerful 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 2023

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 – An Economic Acceleration Plan for America 2024

$90,000 per U.S. citizen – Leviticus 25 Plan 2023 (7407 downloads)

Website:  https://leviticus25plan.org/

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Preview 1:

The Leviticus 25 Plan provides a $90,000 credit extension, direct from the Federal Reserve, to every participating U.S. citizen:  $60,000 into a Family Account (FA) and $30,000 into a Medical Savings Account (MSA).

Example:  Qualifying family of four would receive $240,000 in their FA, and $120,000 in their MSA.

Primary goals:  Massive debt elimination at family level: mortgage debt, consumer debt, student loan debt.  Federal budget surpluses.

Eligibility:  U.S. Citizen.  Job history, credit history requirement (similar to traditional credit checks for bank loans).  Clean recent drug history.  Clean crime history.

Requirements:  Forego all federal and state tax refunds for 5-year period.

Forego Economic Security and selected means-tested welfare benefits – for minimum 5-year period.

Forego enhanced federal rental forbearance/assistance – for minimum 5-year period.

Forego SSI and SSDI for minimum 5-year period.

New $6,000 deductible on primary care access to: Medicare, Medicaid, VA, TRICARE, FEHB – for minimum 5-year period.

The Plan assumes that the elite-wealthy will not participate, because their refunds are too valuable to give up over the requisite 5-year period.

The Plan also assumes that many who heavily depend on Economic Security and social welfare benefits will also choose not to participate, because the overriding value of those benefits, vs foregoing them, over the 5-year period.

Preview 2:

The Leviticus 25 Plan grants the same direct access to liquidity, through a Fed-based Citizens Credit Facility, similar to the credit facilities that were created by the Fed to transfuse trillions of dollars in direct transfers and credit extensions to Wall Street’s major banks, credit agencies and insurers during the great financial crisis. 

The following facilities were created and activated by the Fed for this massive Wall Street bail out operation: Term Auction Facility (TAF), Primary Dealer Credit Facility (PDCF), Term Securities Lending Facility (TSLF), currency swap agreements with several foreign central banks,  Commercial Paper Funding Facility (CPFF), Asset-Backed Commercial Paper Money Market Mutual Fund Liquidity Facility (AMLF), Money Market Investor Funding Facility (MMIFF), and the Term Asset-Backed Securities Loan Facility (TALF), and access to the Fed’s Discount Window.

Additional perspective:  SIGTARP, the oversight agency of the Troubled Asset Relief Program (TARP), in its July 2009 report, vetted by Treasury, noted that the U.S. Government’s “Total Potential Support Related to Crisis” (page 138) amounted to $23.7 trillion. While this figure represents a backstop commitment, not a measure of total potential loss, it is nonetheless an astounding degree of support, in the form of liquidity infusions, credit extensions and guarantees, various other forms of assistance for financial institutions and other business entities affected by the financial crisis.

Preview 3:

The Leviticus 25 Plan website has been accessed on one or more occasions by the following financial enterprises/agencies:  JP Morgan, Goldman Sachs, Morgan Stanley, Bank of America, Citigroup, Wells Fargo, State Street, Merrill Lynch, AIG, Barclays Plc, Royal Bank of Scotland, Deutsche Bank, Société Générale S.A, UBS AG, Credit Suisse, BNP Paribas, The U.S. Department of Treasury, General Accountability Office (GAO), The European Central Bank (ECB), Bank of England (BOE), Swiss National Bank (SNB), Bank of Canada, Bank of Montreal, Bank for International Settlements (BIS).

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The General Accountability Office has stated that America’s ongoing debt crisis is unsustainable.

It is time for America to institute a bold, new plan.

The Leviticus 25 Plan is loaded up and ready to launch.  The ‘golden moment’ for Republicans has arrived.

America’s government entities have a gargantuan debt problem.

The Leviticus 25 Plan has the solution.

Federal debt:  $32.9 trillion

State debt:  $1.27 trillion

Local debt:  $2.38 trillion

Source:  https://www.usdebtclock.org/

The U.S. Governmental Accountability Office

The Nation’s Unsustainable Fiscal Path

How much federal debt is held by the public — past, present, and future?

Debt held by the public is the total amount of money that the federal government owes to its investors. We compare projections of the debt (what is owed) to gross domestic product, or GDP (what is earned), to show the debt in relation to the size of the economy supporting it. Our annual report on the nation’s fiscal health, released May 2023, provides our latest projections. 

At the end of fiscal year (FY) 2022, federal debt held by the public was about 97% of the GDP.

The federal deficit in FY 2022 decreased 50% from FY 2021 to $1.4 trillion—but it was still the fourth largest deficit in U.S. history. The decline is attributable to higher tax revenue and lower federal spending due to the COVID-19 pandemic. You can learn more about the current financial condition here.

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The Leviticus 25 Plan would eliminate federal deficits and generate $619.5 billion surpluses each of the first five years of activation:

2023 Economic Scoring Update:

 ·    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

The Leviticus 25 Plan would reignite a powerful long-term economic growth cycle with stronger revenue growth, and it would dramatically reduce participation in state and local government entitlement programs – thereby eliminating massive amounts of state and local debt.

In many of the well-managed state and local government entities, the balance sheet gains would be sufficiently large and sustainable to allow for broad-based tax cuts.

The Leviticus 25 Plan would generate dynamic new tax revenue flows and reduce dependence on government by U.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 2023 (7161 downloads)