What benefits do Christians receive from God's fulfillment of the New Covenant with Israel?
Believers in the Age of Grace enjoy the benefits of everything God did to fulfill His New Covenant with Israel: the work of the cross, the power of His resurrection, the coming of the Holy Spirit, and all these blessings. They are not in a covenant relationship but are members of the Body of Christ.
Les explains from Jeremiah 31:31-32 that the New Covenant is made with the house of Israel and the house of Judah. Many theologians claim believers in the Age of Grace are under that New Covenant, but Les says that in plain English it cannot fly, because God makes this covenant with Israel and no one but. Believers cannot be in a covenant that God makes with Israel. Instead, they are enjoying the benefits of everything God did to fulfill this covenant with Israel: the work of the cross, the power of His resurrection, the coming of the Holy Spirit, and all these blessings enjoyed in the Age of Grace. Yet it is not a covenant relationship. They are members of the Body of Christ, He is the Head, and they are in the Body, but not in a covenant relationship.