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

Greeneville High Baseball Field Vandalized by Car: Arrest Made After Shocking Incident

In Greeneville, Tennessee, a bizarre incident left the baseball field at Greeneville…

Unraveling the Mystery: Authorities Probe Deliberate Fiber Optic Cable Sabotage in Scott County

The Scott County Sheriff’s Office in Gate City, Virginia, is reaching out…

Afghan National Charged for Alleged Bomb Threat on TikTok in Texas, Say Federal Prosecutors

In a troubling case that underscores the complexities of modern digital threats,…

Trump Announces Deployment of National Guard to Support New Orleans

In a move that has sparked both anticipation and debate, President Donald…

Europeans Claim Putin’s Peace Talks with US Envoys Are Just a Charade

KYIV – Following extensive discussions lasting five hours in the Kremlin with…

Help BTPD Solve Double Homicide: Public Assistance Needed for Crucial Case Information

The Bristol Tennessee Police Department (BTPD) remains deep in the investigation of…

Prospects for Health Care Subsidy Renewal Diminish, Potentially Leading to Increased Premiums for Millions

WASHINGTON — Prospects for extending health care subsidies are fading in Congress…

Ex-Lee County Schools Staffer Faces Arrest Over Alleged Fund Misuse

A former employee of Lee County Schools, Tiffany Slusher, has been taken…

Weather Fronts Signal Shifting Conditions in Central Florida: Your Detailed Forecast

ORLANDO, Fla. – Central Florida is set to experience a cooler Wednesday,…

Greeneville Barber Arrested: Shocking Allegations of Forcible Fondling Emerge

GREENEVILLE, Tenn. (WJHL) — A man from Greeneville was taken into custody…

New Study Reveals Adjusted Projections for Global Income Impact from Climate Change

On Wednesday, researchers announced that errors in data had led to an…

Bluey and Bingo Set for Exciting Debut at US Disney Parks and Cruise Line – Find Out When!

BAY LAKE, Fla. – Bluey and her sister Bingo, the adored stars…