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maniacalmanicmania@aussie.zone to Not The Onion@lemmy.worldEnglish · 6 days ago

Venmo, PayPal users can now send money to the US government to help pay down $36.7T national debt

nypost.com

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Venmo, PayPal users can now send money to the US government to help pay down $36.7T national debt

nypost.com

maniacalmanicmania@aussie.zone to Not The Onion@lemmy.worldEnglish · 6 days ago
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The US Treasury Department is now accepting Venmo and PayPal payments from those who want to donate money to reduce the nation’s ballooning $36.7 trillion debt.
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  • chunes@lemmy.world
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    4 days ago

    For those who didn’t read the article:

    The donation program has existed since 1996, with a total of $67.3 million contributed — an amount that remains negligible compared to the federal debt.

    The only new thing is more convenient donation methods.

  • Maple Engineer@lemmy.world
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    6 days ago

    Wouldn’t it be more effective to make the wealthy and corporations pay tax?

    • kubica@fedia.io
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      6 days ago

      Blasphemy!

      • selokichtli@lemmy.ml
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        6 days ago

        Right? How dare them?

  • melsaskca@lemmy.ca
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    5 days ago

    Shit! I want to donate but I blew all of my money on Trump’s recent trip to Scotland.

    • slaneesh_is_right@lemmy.org
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      4 days ago

      Just wait a bit until his NFT takes off

  • Etterra@discuss.online
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    5 days ago

    Better to just burn the money; at least you can keep warm that way, maybe cook some hot dogs.

  • Nikelui@lemmy.world
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    6 days ago

    That sounds just like taxes, but with extra steps.

  • muusemuuse@sh.itjust.works
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    5 days ago

    Can’t buy yaoi on steam, but this is somehow totally acceptable and inoffensive.

  • Possibly linux@lemmy.zip
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    5 days ago

    How is this real?

    We’ve gone off the rails

  • nthavoc@lemmy.today
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    deleted by creator

    • Possibly linux@lemmy.zip
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      5 days ago

      That is not how that works at all…

      They are in debt because for decades the government kept spending without bringing in tax money to cover it. They borrowed from other countries which creates dept.

      • nthavoc@lemmy.today
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        deleted by creator

  • kibiz0r@midwest.social
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    6 days ago

    Retiring the US debt would retire the US dollar

  • Ep1cFac3pa1m@lemmy.world
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    6 days ago

    As of Q1 2025 US household debt was $18.2 trillion dollars. This is like a guy who lives in a van down by the river asking a homeless guy to help him make his van payments.

    https://www.newyorkfed.org/microeconomics/hhdc.html

    • crank0271@lemmy.world
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      6 days ago

      Even worse - a guy who lives in a big, white house asking it of a guy who lives in a van down by the river.

  • gedaliyah@lemmy.world
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    6 days ago

    So the US tax code is switching to a “Pay what you want” model?

    Rich people: “Switching?”

  • Nougat@fedia.io
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    6 days ago

    Someone posted elsewhere that this is a program that’s existed a long time, not from Trump, which would make it disingenuous to report on it as though its brand new.

    • dhork@lemmy.world
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      6 days ago

      The new stuff is accepting payments in Venmo and PayPal.

  • atzanteol@sh.itjust.works
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    6 days ago

    The US Treasury Department is now accepting Venmo and PayPal payments from those who want to donate money to reduce the nation’s ballooning $36.7 trillion debt.

    We’re all just trying to find the guy responsible!

  • truthfultemporarily@feddit.org
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    6 days ago

    Its funny because the largest holder of US debt is social security. So most of the debt is owed to the workers. You are paying the money back you borrowed in the first place.

  • Proprietary_Blend@lemmy.world
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    6 days ago

    I’m pretty sure they’re already getting 30% from my gross. Plus I somehow owe them an additional few grand every year.

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