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Home - Technology - Wish to pay down the nationwide debt? The US authorities will take Venmo
Technology

Wish to pay down the nationwide debt? The US authorities will take Venmo

By Admin25/07/2025No Comments1 Min Read
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Want to pay down the national debt? The US government will take Venmo
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US nationwide debt at the moment exceeds $36 trillion, however if you wish to toss a couple of further {dollars} of your individual cash to attempt to assist convey that down, now you can accomplish that from a Venmo account, as noticed by NPR’s Jack Corbett.

You’ll be able to see the Venmo fee possibility on the Treasury Division’s “Presents to Scale back the Public Debt” web site. There are additionally choices to pay from a checking account, a PayPal account, or with a debit or bank card.

Based mostly on Wayback Machine archives, it seems that Venmo was added as a fee methodology someday after February twenty second. (At the moment, an Amazon account was a fee possibility, which isn’t at the moment out there on the location.)

Donors have contributed greater than $67 million to this program since September 1998, per Treasury Division information. However when the debt grows at “just below $55,000 a second,” in accordance with Axios, it’d take greater than Venmo donations to make a big dent. And after the passage of Trump’s Huge Lovely Invoice, the debt is probably going going to get even greater.

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