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2025-07-29 08:36:04
[The US government has opened an online donation channel to repay the national debt] Fox News and other US media recently reported that the US government website officially opened two online donation channels, calling on the American people to "voluntarily donate" to repay the huge national debt of 37 trillion US dollars. This move by the US government has attracted a lot of criticism. This project is called "Donation to Reduce Public Debt" and has been in operation since 1996. The previous donation method was mainly bank transfer payment. The newly launched payment channel involves the online payment platform "PayPal" and its subsidiary "Venmo". Since 1996, the project has raised 67.3 million US dollars in donations, but compared with the current national debt of more than 37 trillion US dollars, it is only enough to pay the debt incurred by the United States in about 20 minutes. At the same time, the US national debt is growing at a rate of 55,000 US dollars per second. US media analysis pointed out that the role of public donations in reducing the US national debt is almost negligible. According to the Peter George Peterson Foundation, to pay off this debt, every American has to donate at least 100,000 US dollars.
