Michael GistMichael Gistfor Congress · FL-6
American flag waving in the wind

Freedom Accounts Act of 2027

Investments, not spending

Day one in Congress: put lower, middle, and higher-income communities — all Americans — first. Ownership, not government.

The problem

$80 trillion later, the same struggle

For over 80 years the federal government has spent $80 trillion of your money on programs meant to fight poverty, improve education, and help families — yet too many Americans still struggle while bureaucrats and NGOs got paid.

That is ineffective spending. Freedom Accounts redirects it into personal accounts you own, grow, and pass on. YOU or the bureaucrats. YOU or the NGOs.

Freedom Accounts isn’t another government program — it’s your share of America’s wealth, finally returned to you. Everyone gets an account. No opt-out. No blend. Social Security enrollment ends December 31, 2027. January 2028 it is Freedom Accounts only.

$80T
Covered social spending since WWII — not defense
$40T
National debt
$119k
Debt per person, roughly

Four moves

How the Act turns spending into ownership

  1. 01

    Investments, not spending

    Congress still authorizes the same amounts it has spent on covered social programs. Instead of routing that money through bureaucracies and NGOs, it is invested into personal Freedom Accounts. Every citizen and lawful resident gets one. No opt-out.

  2. 02

    You decide what to use

    You pay for education, healthcare, utilities, a primary home, legal defense, and donations to causes you choose. What you do not use stays invested and compounds. Unused agency money at fiscal year-end also flows into accounts.

  3. 03

    A public Trust, not a slush fund

    The Treasury Secretary chairs the Trust. States run day-to-day enrollment. Congress creates the structure but cannot raid the capital. A 5% management fee is split between Treasury and the States.

  4. 04

    Own it. Pass it on.

    Everyone gets an account — no opt-out, no blend. Restricted uses before 62. At 62 you receive what remains. Accounts are inheritable, so the next generation starts with capital, not debt.

How it works, step by step

Covered

Redirected into accounts

  • Poverty and welfare programs
  • Education (K–college)
  • Housing and homeless programs
  • Healthcare entitlements, as transitioned
  • Social Security: enrollment ends December 31, 2027; Freedom Accounts only as of January 2028
  • NGO and grant pass-throughs in covered areas
  • Year-end unused balances in covered programs

Kept with government

Core federal functions

  • National defense
  • National security operations
  • Homeland Security operations
  • Interstate and international commerce
  • Core justice: FBI, DEA, Secret Service, prisons
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