US Treasury Accepts Venmo and PayPal Donations to Help Repay Massive National Debt

According to a report by Jinse Finance, citing US media, Americans can now donate to the Treasury to help pay down the national debt via Venmo and PayPal if they wish. Over the past 29 years, Americans have donated a total of $67.3 million, which has had virtually no impact on the current $36.7 trillion national debt. On Wednesday, an NPR reporter posted a screenshot on X showing a page on the Treasury Department’s official website where donations to the national debt program can be made through Venmo and PayPal. According to Axios, the maximum single donation allowed via Venmo is $999,999.99. Even at this amount, one would need to donate every 18 seconds just to keep up with the pace of the national debt’s growth. It is currently unclear when the Venmo and PayPal donation options were added to the website.