You can help pay off America's debt with Venmo now
Share this @internewscast.com

(NewsNation) – Americans looking to chip in to pay off the country’s debt can now do so via Venmo.

The U.S. Department of the Treasury has sparked interest following a social media revelation by an NPR reporter that Venmo has been added as a payment option for its “Gifts to Reduce the Public Debt” program.

This initiative, in existence since 1961, has amassed around $67.3 million in donations since 1996, as reported by Axios. The donation page limits contributions to a maximum of $999,999.99.

However, with the national debt approaching $37 trillion, experts view this program more as a symbolic action rather than a genuine solution. According to the U.S. Congress Joint Economic Committee, the total national debt has increased by almost $55,000 every second over the past year.

“I don’t see it as clever, I see it as maybe desperate. But I just don’t see it as something that is going to be viable all around. I think it’s a massive distraction,” Shawn French, host and founder of “The Determined Society” podcast, said. “But I think it’s also a last-ditch effort for people to say, hey, well, we tried.”

Even if every American donated $1,000 today, those donations would barely make a dent in the country’s debt.

Share this @internewscast.com
You May Also Like

Press Conference Highlights — July 27, 2025

KRISTEN WELKER: This Sunday: Mounting pressure. REP. HAKEEM JEFFRIES: What are they…

Sunday Morning Incident: Springfield Cafe Shuts Down After Car Crashes Into Building

SPRINGFIELD, Ill. (WCIA) — A vehicle drove through a cafe in Springfield…

US and China to Hold Trade Discussions in Stockholm, Anticipating Trump-Xi Meeting This Year

WASHINGTON – During a meeting in Stockholm, it is highly likely that…

Witnesses report crowd stopped man accused of stabbing 11 people at Michigan Walmart.

TRAVERSE CITY, Mich. (AP) Chaos unfolded at a Walmart in Michigan after a man…

Moderate Risk of Flash Flooding Overnight: Expect More Rain, Thunderstorms, and High Temperatures on Monday

In light of the heavy rains recently, we’ve been placed under a…

Michigan Walmart Knife Incident: Man Faces Terrorism and Assault Charges

TRAVERSE CITY, Mich. (AP) — On Sunday, officials announced their intention to…

Three Found Unresponsive Following Plane Crash into Ocean off California Coast

MONTEREY, Calif. (AP) Three people were found unresponsive Sunday morning after a…

‘Fantastic Four: The Beginning’ Hits Marvel’s First $100 Million Box Office Launch of 2025

LOS ANGELES – Marvel’s iconic team has struck box office success. “The…

Stay Informed: Heat Warnings Issued for Monday

SAVANNAH, Ga. () —  Monday will again be a Weather Aware day…

Passengers Evacuate Plane via Emergency Slide Due to Smoking Jet, Suspected Landing Gear Issue at Denver Airport

Passengers evacuated a smoking aircraft at Denver International Airport using an emergency…

Three Individuals Discovered Unconscious After Plane Crashes into Ocean Near California Coast

MONTEREY, Calif. (AP) Three people were found unresponsive Sunday morning after a…

Urbana Firefighters Enhance Skills with Firefighting Training Exercises

URBANA, Ill. (WCIA) — Urbana firefighters battled the heat to participate in…