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Can Donations Really Pay Down the National Debt?

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The U.S. Treasury Department has introduced new donation options on its website, Pay.gov, allowing individuals to contribute to the national debt using Venmo and PayPal.This move comes amid growing concerns about the nation’s fiscal health, particularly following the recent passage of President Donald Trump’s “One Big Stunning Bill Act.”

The Congressional Budget Office (CBO) estimates that this legislation will increase budget deficits by $3.4 trillion over the next decade.The Trump administration, however, contends that revenue generated from tariffs and anticipated economic growth will sufficiently offset the rising debt.

Can Donations Really Pay Down the National Debt?

The donations are made to the U.S. Department of the Treasury. (Mandel Ngan/AFP via Getty Images / Getty Images)

The scale of the national debt is ample; according to reports, making the maximum Venmo donation of $999,999.99 would

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