The Six Macrogovernors
Engine: Architecture
Framing
The Accord operates through six automatic stabilizers that fire within statutory corridors without congressional action. Five are reactive — they respond to specific shock signals. One, Debt Sunset, is proactive — it adjusts continuously based on forward-looking fiscal trajectory.
1. Productivity Turbo
Trigger: Real GDP 0.7pp below 10-year trend (National Statistics Board GDP data)
Mechanism: Skills Wallet doubles; 20% business capital tax credit
Corridor: Skills 1×–2×; credit 0–20%
2. Speculation Brake
Trigger: Housing or equity surge (National Statistics Board-defined thresholds)
Mechanism: Financial Transactions Tax rises to 0.25%; Federal Housing Standards Board lowers non-primary residence LTV to 60%
Corridor: Financial Transactions Tax 0.1–0.25%; LTV 60–100%
3. Input Shield
Trigger: Energy price up 15%+ in a quarter (EIA data)
Mechanism: Carbon escalator pause 1 year; Energy Stipend +25% one-time
Corridor: Pause 0–1 year; stipend 1×–1.25×
4. Healthcare Cost Brake
Trigger: Distributed Healthcare cost exceeds 16.8% of GDP (CMS/American Healthcare Quality Board data)
Mechanism: American Healthcare Quality Board fee clawback of 2% (no tax adjustment)
Corridor: Clawback 0–2%
5. Financial Stability
Trigger: Interbank rate up 200bp+ for 3 business days (Fed Funds data)
Mechanism: Financial Stability and Disbursement Board auto-secured lending from Financial Stability Reserve
Corridor: Max 20% of Reserve (first deployment trigger)
6. Debt Sunset (v10)
Trigger: Year N+4 projected deployable balance < $0 (upward) or >$1.5T for 3 years (downward)
Mechanism: Coupled payroll tax + top rate adjustment in 0.25pp steps
payroll tax corridor: 26.50% – 29.00%
Top rate corridor: 53.50% – 56.00% (coupled 1:1 with payroll tax)
Debt Sunset's distinctive role
Five governors are reactive. Debt Sunset is proactive — responds to forward-looking fiscal trajectory to preserve the 50-year debt retirement guarantee. Debt Sunset is cause-agnostic: it responds to projected fiscal drift regardless of source. Debt Sunset is the fiscal backstop.
Coupling preserves progressivity
Debt Sunset's coupling of payroll tax + top rate in 1:1 steps means that when rates rise to meet fiscal pressure, they rise on both payrolls and high-income filers proportionally.