U.S. Treasury Issued Debt-Free United States Notes
The cornerstone of my presidential platform is a permanent, U.S. Constitution-based solution to federal, state, and local government funding problems through debt-free money.
Constitutional and Legal Authority
- U.S. Constitution: Article 1, Section 8, Paragraph 5 gives Congress the power to "coin money" and "regulate the value thereof"
- Legal Tender Act of 1862: Establishes legal precedent for U.S. Treasury issued debt-free currency
- Current Status: $300 million in United States Notes remain part of our legal money supply, ready to be expanded by Congressional action
Verify This: Visit the U.S. Treasury Department website to confirm United States Notes are legal tender.
BOOM! Official Government Sources Confirm Everything
Straight from the U.S. Government - Not Conspiracy Theory, FEDERAL LAW!
1. U.S. Code - Title 31, Section 5115 (Current Federal Law)
Source: Cornell Law School - Legal Information Institute
"§5115. United States currency notes
(a) The Secretary of the Treasury may issue United States currency notes. The notes—
- (1) are payable to bearer; and
- (2) shall be in a form and in denominations of at least one dollar that the Secretary prescribes."
Translation: This is CURRENT federal law! The Treasury Secretary CAN issue United States Notes right now. The only limit is $300 million, which Congress could change ANY TIME by passing a simple law.
2. Bureau of Engraving and Printing (Official Treasury Bureau)
Source: BEP Currency Notes Publication
- "United States Notes, also known as legal tender notes, were the first widespread United States paper currency."
- "Initially placed into circulation in 1862, they were deemed legal tender, payable for public and private debts."
- "Outstanding United States Notes... are redeemable at face value by the Department of the Treasury."
3. USCurrency.gov (Official U.S. Currency Education Program)
Source: USCurrency.gov - $1 Note History
- 1862: "Congress authorizes a new class of currency, known as 'United States notes,' or 'Legal Tender notes.' These notes are characterized by a red seal and serial number."
- 1971: "United States Notes Discontinued" (but still legal tender!)
4. TreasuryDirect - History of the Debt
Source: TreasuryDirect.gov - Historical Debt
"Legal Tender Act (1862) authorized the Treasury to issue $150 million in United States notes and authorized the sale of $500 Million in bonds to fund the war effort."
The Treasury Department itself acknowledges Congress authorized debt-free money!
What The Government WON'T Emphasize:
They confirm:
- ✅ Authority exists (31 USC 5115)
- ✅ Has been used before (Civil War through 1971)
- ✅ Still legal tender (red-seal notes still valid)
- ✅ $300 million currently authorized
What they DON'T tell you:
- ❌ Congress could raise that $300M cap to ANY amount by simply passing a law
- ❌ This would be DEBT-FREE money - no interest, no bonds, no banks getting rich
- ❌ The ONLY reason it's not used is political choice, not economic necessity
This isn't theory. This isn't opinion. This is CURRENT FEDERAL LAW backed by official U.S. government sources!
Historical Proof: It Has Been Done Before
President Abraham Lincoln (1862)
Issued $449,338,902 in United States Notes to fund the Civil War
Increased national money supply by 25% with NO INFLATION
These "Greenbacks" circulated successfully as legal tender
President John F. Kennedy (1963)
Issued $4 billion in United States Notes (Executive Order 11110)
Withdrawn from circulation by Congress after his assassination
Proved debt-free money works in modern economy
What Debt-Free Money Can Fund
All of the following WITHOUT raising taxes or increasing national debt:
- Replace trillions of dollars stolen from Social Security trust fund since 1969
- Make Social Security, Medicare, and Medicaid permanently solvent and increase benefits
- Unlimited funding for Veterans Administration and wounded/disabled veterans
- Full coverage universal healthcare for all American workers
- Full employment with good wages and benefits
- Infrastructure repair, maintenance, and improvement nationwide
- Education funding and job training programs
- Pension Benefit Guarantee Corporation (PBGC) permanent solvency
- Adequate funding for SEC, CFTC, IRS, FAA, TSA, and regulatory agencies
Debunking the "Hyperinflation" Myth
The claim that debt-free money causes hyperinflation is a deliberate scam perpetuated by those who profit from government debt:
- Lincoln increased money supply 25% with NO inflation
- Hyperinflation occurs when production collapses (Weimar Germany, Zimbabwe)
- U.S. has massive productive capacity ready to be activated
- Debt-free money funds PRODUCTION and JOBS, not speculation
- Federal Reserve Notes are also "created out of thin air" but with DEBT attached