The U.S. government has introduced Venmo as a new payment option for individuals wishing to donate toward the national debt. The decision to include Venmo is notable, given its popularity for casual transactions. Donations toward the debt total approximately $70 million since 1996, which is insignificant compared to the national debt, currently at $36.7 trillion. Despite the small number of citizens willing to contribute beyond their taxes, some have made substantial donations over the years. The recent policy changes under the Trump administration are also affecting social welfare programs.
The U.S. government operates a website that allows donations to pay down the national debt and now accepts Venmo as a payment option.
It's difficult to imagine any American tossing money at the federal government beyond what they pay in taxes, but those rare souls do exist—and they've been giving cash for decades.
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