American Fiscal Security & Economic Stabilization Act
Protect Social Security for all who depend on it. Shield the middle class from new taxes. Pay down the national debt. Build an emergency fund so we're ready for the next crisis โ all without creating any new spending programs.
๐ก๏ธ Middle Class Fully Protected
If you make less than $400,000, this law does NOT raise your taxes
This law is clear: no new taxes and no higher audit rates for anyone making less than $400,000. All new revenue comes from the very wealthy and large corporations โ not from working families.
Workers Protected From Job Displacement
When technology changes jobs, workers get help โ not left behind
๐ Retraining Programs
Big companies that use technology to replace workers must offer retraining. Workers learn new skills through real programs at real schools โ paid for by the company.
Paid Retraining๐ต Better Severance
If your job is replaced by automation, you get stronger severance packages โ including 12+ months of health coverage to bridge to your next opportunity.
12+ Months Health Coverage๐ Internal Moves First
Companies must try to move workers to new jobs inside the company before laying them off. Up to 6 months of paid upskilling to learn a new role.
6 Months Upskilling๐ฐ Tax Credit for Companies
Companies get a 60% tax credit when they invest in keeping workers โ retraining, better severance, or internal moves. It pays to do the right thing.
60% Tax CreditWhere the Money Goes
Every dollar has a job โ debt reduction, Social Security, infrastructure, and emergencies
Pay Down the Debt
40% goes straight to paying off the national debt. Goal: cut debt-to-GDP from 125% to 70% in 20 years.
Save Social Security
40% goes to the Social Security trust funds. This makes the system strong for 75 years โ without cutting anyone's benefits.
Fix Roads & Bridges
20% goes to the Highway Trust Fund for roads, bridges, and public transit. No new programs โ just fixing what's broken.
Emergency Reserve
A separate $500 billion reserve for real emergencies โ pandemics, disasters, wars โ so we don't have to borrow in a crisis.
Who Pays? Not You.
New revenue comes from those with the greatest ability to pay
โ Protected
- Households under $400,000 income
- All current Social Security recipients
- Near-retirees (within 10 years)
- Small businesses under $50 million
- Primary home (up to $3 million)
- 401(k), IRA, and pension savings
๐ฐ Pays More
- Income over $2 million: 1-3% surtax
- Sustained wealth over $10 million: 4% surtax
- Corporations over $1 billion profit: 20% minimum tax
- Stock buybacks: 4% excise tax
- Luxury yachts, jets, cars: 5% tax
- Hedge fund carried interest: taxed as income
๐จ Ready for the Next Crisis
A rainy day fund so we never have to borrow in an emergency again
COVID cost us over $5 trillion in emergency borrowing. This law creates a $500 billion reserve โ saved in advance โ so the next crisis doesn't add to the debt our children inherit.
Built-In Accountability
Automatic safeguards, sunset clauses, and constant review
Protect Today. Prepare for Tomorrow. Pay Down the Debt.
This law protects Social Security for everyone who depends on it, shields the middle class from new taxes, pays down the national debt, and builds an emergency reserve โ all without creating a single new spending program. It asks more from those who have the most, so future generations inherit opportunity instead of debt.