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Historic Investments in Economic Growth

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News Date: March 15, 2023

Following enactment of the American Rescue Plan in March of 2021, the Treasury Department oversaw an historic and unprecedented provision of federal assistance to struggling Americans, including delivering more than 150 million Economic Impact Payments within the first few weeks following the American Rescue Plan's passage; helping launch a national infrastructure to provide emergency rental assistance and prevent evictions across the country; issuing the first ever monthly payments of the Child Tax Credit which supported tens of millions of families; and rapidly distributing unprecedented Fiscal Recovery Fund resources directly to communities to help local leaders avoid cuts, address local needs, and support rapid, resilient, and equitable recovery.
Source: treasury.gov

Rep. Buddy Carter introduced a bill to eliminate the IRS and federal income tax

On January 3, 2025, Congressman Buddy Carter (R-GA) introduced H.R. 25, known as the FairTax Act of 2025.
This legislation proposes a significant overhaul of the U.S. tax system by eliminating the Internal Revenue Service (IRS) and replacing federal income taxes with a national consumption tax.
The FairTax Act aims to repeal existing personal and corporate income taxes, as well as other federal taxes such as the death tax, gift taxes, and payroll taxes. In their place, it would implement a single national sales tax on retail purchases, administered primarily by the states. Proponents argue that this system would simplify the tax code, promote economic growth, and allow individuals to retain their entire paychecks, paying taxes only when they make purchases.
Congressman Carter has been a longstanding advocate for the FairTax, having previously introduced similar legislation in earlier sessions of Congress. He contends that the current tax system is overly complex and burdensome, and that the FairTax would eliminate the need for the IRS, thereby reducing government intrusion into individuals' financial affairs.
The bill has been referred to the House Committee on Ways and Means for further consideration.

NESARA is Happening

We are proud to announce the formation of Restore the Republic PAC (Political Action Committee), which will be dedicated to supporting candidates who will fight vigorously for our Constitutional rights, freedom of speech, and the sacred right of free and fair elections, said Restore the Republic PAC Founder Sidney Powell.
NESARA section 6: Returns Constitutional Law - the formation of Restore the Republic PAC.
Section 8: Establishes new elections. The interim government will cancel all National Emergencies and return us back to constitutional law. - The Military.
Section 9: Monitors elections - Quantum Voting System (QVS).
Game Over! Thanks for watching Castle Rock!
Sources: restoretherepublicpac.com

China increased Russian gold import

Russian Gold Rerouted to China Amid Western Ban.
China imported $108.8 million worth of Russian gold in July - a 750% increase from June and a 4,800% increase from the same month last year.
China may be just one of several important new destinations for Russian gold in Asia and the Middle East.
Source: themoscowtimes.com

The STORM Act signed into law

On Friday, January 1, 2021, the President signed into law: the "STORM Act," which authorizes the Federal Emergency Management Agency to provide capitalization grants to States to establish revolving funds to provide hazard mitigation assistance to reduce risks from disasters and natural hazards.
S. 3418, the "Safeguarding Tomorrow through Ongoing Risk Mitigation Act".
Sources: www.congress.gov, www.whitehouse.gov

The Reserve Bank of India has increased its gold reserve

There was a sharp jump in the foreign currency assets and gold reserves.
All components in forex reserves climbed with gold reserves outperforming foreign currency assets (FCA) in the week.
RBI announced key measures that are likely to protect the Indian rupee at the interbank forex market and further drive the reserves.
The value of gold reserves rose by $1.140 billion to $39.642 billion during the week ended July 29.
This is the highest monthly purchase since September 2021.
Sources: livemint.com

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