google-site-verification: googlec7193c3de77668c9.html

Want to pay down the national debt? The US government will take Venmo

US national debt currently exceeds $36 trillion, but if you want to toss a few extra dollars of your own money to try and help bring that down, you can now do so from a Venmo account, as spotted by NPR’s Jack Corbett.

You can see the Venmo payment option on the Treasury Department’s “Gifts to Reduce the Public Debt” website. There are also options to pay from a bank account, a PayPal account, or with a debit or credit card.

Based on Wayback Machine archives, it appears that Venmo was added as a payment method sometime after February 22nd. (At that time, an Amazon account was a payment option, which isn’t currently available on the site.)

Donors have contributed more than $67 million to this program since September 1998, per Treasury Department data. But when the debt grows at “just under $55,000 a second,” according to Axios, it might take more than Venmo donations to make a significant dent. And after the passage of Trump’s Big Beautiful Bill, the debt is likely going to get even higher.

Advertisements

Check Also

Hurricane charity scams use data brokers to target victims before storms

NEWYou can now listen to Fox News articles! A hurricane-season scammer can start the day …

Robotics: Firms race to improve robot training systems

Rika Antonova has been working in the field of robotics since 2015 and is currently …

DoorDash Can Now Deliver Your Ginormous Costco Order the Same Day

Ready to get your 1-gallon jug of ketchup and 12-month supply of toilet paper delivered …

Leave a Reply

Available for Amazon Prime