this is the gospel!

Thus faith links us to Christ and receives all that he has to give us. Through faith in Jesus our sin is imputed to him so that he pays for these sins on the cross and through that same faith his righteousness (his merits and holy works) becomes ours. This is what we mean when we speak of being justified by grace alone through faith alone on account of Christ alone. This is the gospel! God freely gives in Christ what he demands of us under the law. And if we are not clear about this, we have no foundation for living the Christian life, no assurance of our salvation, and we have nothing left to confess to the unbelieving world around us. - Kim Riddlebarger