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.
A few million is a drop in the ocean when it comes to trillions of dollars worth of debt and almost insignificant when it comes to paying it off. These sort of gimmicks look good and will probably be harnessed by some Republican politician to milk the goodwill, but the people handing their hard earned money over are chumps quite frankly. If they taxed the billionaires and stopped giving them even more tax breaks like through the recent Trump mega-bill, then it would have way more impact than begging for donations from the poorest. On top of all of this they have created tariffs, which is just a tax on Americans, which could be directed and have much more impact on bringing down the debt pile. This is basically just a way for Venmo to get free advertising.