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CatWoman

(80,065 posts)
Mon Jul 28, 2025, 09:07 AM Monday

People baffled as US government encourages Americans to help pay off country's $36 trillion debt through PayPal and Venm

People have been left confused after realising you can donate to bring down the cost of America's national debt.

Although the concept has been around for a while, people are just finding out that the Treasury Department is accepting donations - via PayPal and Venmo - to chip away at the national debt, which currently stands at $36.7 trillion.

NPR's Jack Corbett shared a screengrab on X earlier this week, explaining: "You can venmo the United States to help pay off the national debt."

And people have been left baffled, with many not realising the system existed.

Those who fancy donating simply head to pay.gov where donations can be made via credit card, debit card, PayPal, checking account or savings account. You can also write a cheque via post.
The online form states: "Thank you for your contribution which will be deposited to the account 'Gifts to Reduce the Public Debt.'

"Your contribution is accepted under the provisions of 31 U.S.C. 3113 which authorizes the Secretary of the Treasury to accept conditional gifts to the United States for the purpose of reducing the public debt.

"These donations are voluntary, and no goods, services, or other considerations are provided to the donors."

The online form states: "Thank you for your contribution which will be deposited to the account 'Gifts to Reduce the Public Debt.'

https://www.ladbible.com/news/us-news/donation-us-treasury-department-america-national-debt-858478-20250727

6 replies = new reply since forum marked as read
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People baffled as US government encourages Americans to help pay off country's $36 trillion debt through PayPal and Venm (Original Post) CatWoman Monday OP
Most of us already donate. It's called taxes, and tariffs. Walleye Monday #1
I wonder where those donations are going now. yardwork Monday #2
How much have all the patriotic GOP billionaires donated so far? tanyev Monday #3
The ability has always been there. Right now, though, I don't fancy Buns_of_Fire Monday #4
Isn't almost all of it printed money? Omnipresent Monday #5
Here's a crazy idea. Why not tax the rich? After all, it's been done before and actually worked out well. Firestorm49 Monday #6

yardwork

(67,343 posts)
2. I wonder where those donations are going now.
Mon Jul 28, 2025, 09:12 AM
Monday

DOGE probably has them being deposited right into somebody's bank account.

Buns_of_Fire

(18,621 posts)
4. The ability has always been there. Right now, though, I don't fancy
Mon Jul 28, 2025, 09:18 AM
Monday

chipping in money just so that some fatass CEO can buy an extra case of caviar.

Omnipresent

(7,051 posts)
5. Isn't almost all of it printed money?
Mon Jul 28, 2025, 09:20 AM
Monday

Haven’t we already passed the “tipping point” that all federal taxes collected yearly, can’t even cover the interest on the debt?

Firestorm49

(4,420 posts)
6. Here's a crazy idea. Why not tax the rich? After all, it's been done before and actually worked out well.
Mon Jul 28, 2025, 09:58 AM
Monday
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