Post
Topic
Board Economics
Re: US Americans can now donate towards reducing national debt via Venmo
by
retreat
on 25/07/2025, 19:18:18 UTC
https://newrepublic.com/post/198329/venmo-pay-national-debt

The 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.

They're actually asking the public to donate to help pay off the national debt, which has ballooned due to their incompetence? What a joke. The public shouldn't be involved in paying off the national debt, as they already pay taxes, contribute economically, and so on. The government's role is to use all collected tax money wisely and manage it as best as possible, allocating it to targeted expenditures, and eliminating unnecessary spending. That's what they should be doing, not asking the public to donate to help pay off the national debt. This kind of behavior further demonstrates the current government's incompetence and lack of credibility in handling the country's problems.