While anguish over the deaths was palpable as residents began …
File photo.
Attorney General Eric Holder says four American citizens have …
Advertisement
Americans donate $8M to national debt
Would you give the government more money?
Updated: Tuesday, 20 Nov 2012, 8:17 AM CST
Published : Tuesday, 20 Nov 2012, 8:17 AM CST
(CNN) — Are you looking to donate money to a good cause? Would you consider volunteering to pay down the national debt?
Americans have donated nearly $8 million of their own funds this year to help reduce the nation's $16 trillion (and growing) credit card bill.
Although it's a tiny fraction of the overall debt, the amount donated this year has doubled over last year.
The idea of donating to the national debt began in 1961 when an anonymous estate left $20 million to the Bureau of Public Debt. Congress then passed a law to accept those funds.
Today, citizens can contribute online at pay.gov, or include an additional check with their federal income tax returns.
Opinions that are derogatory, attack other users or are offensive in nature may be removed. KXAN is not responsible for the content posted in this comment section. We reserve the right to remove any offensive or off-topic remark or thread. To mark a comment for review by a moderator, click "Report Abuse."
Email This
Print This
View Story on a Single PageAdvertisement
Advertisement
Advertisement