US EditionTreasury opens venmo payments for voluntary donations to reduce the US' $36T national debt
UNITED STATES, JUL 24 – The Treasury Department adds Venmo and PayPal to expand digital donation options for the national debt, which has raised $67.3 million since 1996, a small fraction of $36.65 trillion.
- In early 2025, the U.S. Treasury introduced Venmo as a new option for individuals to make voluntary contributions toward lowering the national debt.
- This update builds on a longstanding program dating back to 1961 that allows citizens to donate funds to reduce the federal debt.
- The Treasury averages about $120,000 monthly in donations since 2020, with over $2.7 million collected last year and nearly $174,000 contributed in April 2025 alone.
- According to Treasury data, Americans have donated about $67.3 million since 1996, which is enough to cover roughly 20 minutes of the nation’s debt.
- Adding Venmo and other digital options reflects efforts to modernize payments and engage younger Americans amid the national debt surpassing $37 trillion.
45 Articles
45 Articles
With the U.S. national debt approaching $38 trillion, the government has launched an unusual initiative for citizens to work together to reduce this huge liability. For a few months now, the U.S. Treasury Department's official website has featured a new option that allows donations to be made to "reduce public debt" through popular platforms such as PayPal and Venmo. Although the ability to contribute to paying public debt is not new, in fact, i…
Treasury Department Now Accepts Venmo, PayPal Contributions To Pay Down National Debt
The U.S. Treasury Department is now accepting Venmo and PayPal contributions to help pay down the nation’s gargantuan $36.7 trillion debt. “You can venmo the United States to help pay off the national debt,”NPR‘s Jack Corbett wrote. The payment options to provide “gifts to reduce the public debt” include: Bank account (ACH) PayPal account Venmo...
You Can Now Help Pay off the National Debt on Venmo—Seriously
You could raise taxes on the wealthiest Americans instead of cutting their taxes while celebrating the signing of a new bill that adds several trillions to our already enormous $36 trillion debt. Alternatively, you can set up a small Venmo account that allows average citizens to contribute money to reduce the national debt, much like a GoFundMe. The United States is a deeply unserious nation. As such, under President Donald Trump, Pay.gov now ha…
Coverage Details
Bias Distribution
- 57% of the sources are Center
Factuality
To view factuality data please Upgrade to Premium
