Post
Topic
Board Economics
Re: "Treasury Securities" vs. US National Debt
by
CoinsCoinsEverywhere
on 04/08/2014, 06:29:09 UTC
Financing the Debt
Why does the debt sometimes decrease?

The Public Debt Outstanding decreases when there are more redemptions of Treasury securities than there are issues.
How do you make a contribution to reduce the debt?

There are two ways for you to make a contribution to reduce the debt:

    You can make a contribution online either by credit card, checking or savings account at Pay.gov
    You can write a check payable to the Bureau of the Fiscal Service, and in the memo section, notate that it's a Gift to reduce the Debt Held by the Public. Mail your check to:

    Attn Dept G
    Bureau of the Fiscal Service
    P. O. Box 2188
    Parkersburg, WV 26106-2188
Wow.  Just wow.  I couldn't believe this so I had to look it up.  They actually get a few million dollars a year in gift money.  Who actually believes this does any good?