https://newrepublic.com/post/198329/venmo-pay-national-debtThe Trump administration offers new way for Americans to donate their funds towards reducing the national debt.
Such program existed from before and a few millions have been donated in the last 25 years. But the debt is up to the trillions.
This is a new sign of desperation, using a bill splitting/quick money tip app for the government to accept donations...
If only any administration would be so decisive against inflation too it would be amazing. Instead we only see such things when the government wants help and not when the people need help most.
Is it only possible via Venmo? Does Venmo charge fees for donations? If the answer to these questions are yes, then I believe that it's another attempt from a company to earn more money with the help of government because such a thing has been done in my country and things became clear later.
I wonder how much does Donald Trump donate? Does he donate a significant portion of his earnings to pay the national debt or does he expect that average citizens should pay out of their pocket and it's not Donald Trump's or other billionaires' duty to pay national debt? It's a crazy way to reduce national debt, they might only collect a few million or in the best case, few billion dollars but it won't be enough for paying even 1/100 of such a huge debt.