{"id":23895,"date":"2025-07-25T23:53:07","date_gmt":"2025-07-25T23:53:07","guid":{"rendered":"https:\/\/www.newsbeep.com\/uk\/23895\/"},"modified":"2025-07-25T23:53:07","modified_gmt":"2025-07-25T23:53:07","slug":"want-to-pay-down-the-national-debt-the-us-government-will-take-venmo","status":"publish","type":"post","link":"https:\/\/www.newsbeep.com\/uk\/23895\/","title":{"rendered":"Want to pay down the national debt? The US government will take Venmo"},"content":{"rendered":"<p class=\"duet--article--dangerously-set-cms-markup duet--article--standard-paragraph _1ymtmqpi _17nnmdy1 _17nnmdy0 _1xwtict1\">US national debt currently <a href=\"https:\/\/fiscaldata.treasury.gov\/americas-finance-guide\/national-debt\/\" rel=\"nofollow noopener\" target=\"_blank\">exceeds $36 trillion<\/a>, 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 <a href=\"https:\/\/x.com\/jackcorrbit\/status\/1948139892720234888\" rel=\"nofollow\">by NPR\u2019s Jack Corbett<\/a>.<\/p>\n<p class=\"duet--article--dangerously-set-cms-markup duet--article--standard-paragraph _1ymtmqpi _17nnmdy1 _17nnmdy0 _1xwtict1\">You can see the Venmo payment option on the Treasury Department\u2019s \u201cGifts to Reduce the Public Debt\u201d <a href=\"https:\/\/www.pay.gov\/public\/form\/start\/23779454\" rel=\"nofollow noopener\" target=\"_blank\">website<\/a>. There are also options to pay from a bank account, a PayPal account, or with a debit or credit card.<\/p>\n<p class=\"duet--article--dangerously-set-cms-markup duet--article--standard-paragraph _1ymtmqpi _17nnmdy1 _17nnmdy0 _1xwtict1\">Based on <a href=\"https:\/\/web.archive.org\/web\/20250000000000*\/https:\/\/www.pay.gov\/public\/form\/start\/23779454\" rel=\"nofollow noopener\" target=\"_blank\">Wayback Machine archives<\/a>, it appears that Venmo was added as a payment method sometime <a href=\"https:\/\/web.archive.org\/web\/20250222215801\/https:\/\/www.pay.gov\/public\/form\/start\/23779454\" rel=\"nofollow noopener\" target=\"_blank\">after February 22nd<\/a>. (At that time, an Amazon account was a payment option, which isn\u2019t currently available on the site.)<\/p>\n<p class=\"duet--article--dangerously-set-cms-markup duet--article--standard-paragraph _1ymtmqpi _17nnmdy1 _17nnmdy0 _1xwtict1\">Donors have contributed more than $67 million to this program since September 1998, <a href=\"https:\/\/fiscaldata.treasury.gov\/datasets\/gift-contributions-reduce-debt-held-by-public\/gift-contributions-to-reduce-the-public-debt\" rel=\"nofollow noopener\" target=\"_blank\">per Treasury Department data<\/a>. But when the debt grows at \u201cjust under $55,000 a second,\u201d <a href=\"https:\/\/www.axios.com\/2025\/07\/24\/venmo-gifts-public-debt\" rel=\"nofollow noopener\" target=\"_blank\">according to Axios<\/a>, it might take more than Venmo donations to make a significant dent. And after the passage of Trump\u2019s Big Beautiful Bill, the debt is likely going to get <a href=\"https:\/\/www.cbo.gov\/publication\/61486\" rel=\"nofollow noopener\" target=\"_blank\">even higher<\/a>.<\/p>\n","protected":false},"excerpt":{"rendered":"US national debt currently exceeds $36 trillion, but if you want to toss a few extra dollars of&hellip;\n","protected":false},"author":2,"featured_media":23896,"comment_status":"","ping_status":"","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[16],"tags":[2306,50,227,86,56,54,55],"class_list":["post-23895","post","type-post","status-publish","format-standard","has-post-thumbnail","category-mobile","tag-mobile","tag-news","tag-tech","tag-technology","tag-uk","tag-united-kingdom","tag-unitedkingdom"],"_links":{"self":[{"href":"https:\/\/www.newsbeep.com\/uk\/wp-json\/wp\/v2\/posts\/23895","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.newsbeep.com\/uk\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.newsbeep.com\/uk\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/uk\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/uk\/wp-json\/wp\/v2\/comments?post=23895"}],"version-history":[{"count":0,"href":"https:\/\/www.newsbeep.com\/uk\/wp-json\/wp\/v2\/posts\/23895\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/uk\/wp-json\/wp\/v2\/media\/23896"}],"wp:attachment":[{"href":"https:\/\/www.newsbeep.com\/uk\/wp-json\/wp\/v2\/media?parent=23895"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.newsbeep.com\/uk\/wp-json\/wp\/v2\/categories?post=23895"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.newsbeep.com\/uk\/wp-json\/wp\/v2\/tags?post=23895"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}