US Treasury accepts donations via Venmo and PayPal to pay down national debt

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PANews reported on July 27 that according to Zhitong Finance, American citizens can now donate to the U.S. Treasury through Venmo and PayPal to help repay the national debt. Over the past 29 years, Americans have donated a total of $67.3 million, which has almost no substantial impact on the current national debt of $36.7 trillion. According to Axios, the maximum single donation on Venmo is $999,999.99, and even at this amount, one would need to donate every 18 seconds to keep up with the growth of the national debt. It is currently unclear when the donation options were added to the Venmo and PayPal websites.

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