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Why? Until congress is willing to pass a balanced budget this is just lightning your own money on fire.
Only $29T is actual meaningful debt. $7.4T is intergovernmental holdings. It's just accounting where one part of the government owes to another.

Best way to reduce debt/GDP ratio is just support politics and policies where debt grows slower than economy grows.

Does anyone know if this is new?
So, extra tax then? Voluntary?
When will the US have telethons ?

IIRC, there was movie about that in the 70s.

I donate to Treasury and collect 4% interests rate
When you think of the government being owned by the rich, this is one of the ways in which that happens.
They should monetize that kompromat with an onlyfans.
Seeing how money is spent with: Medicare Medicaid Social Security Foreign Aid Section 8 Foodstamps WIC And many others

Would suggest not paying down the debt while Congress is still spending like a drunken sailor in a red light district.

This is not even addressing the >200 Trillion entitlements issue

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Using the API, the total contributions people have made here for all time are $67,323,122.88. Meanwhile, the Debt-to-the-penny api (https://fiscaldata.treasury.gov/datasets/debt-to-the-penny/d...) tells us that (as of 2025-07-25) the public debt is $29,361,169,407,599.91 whereas the day before it was $29,332,905,580,399.32, meaning the one day increase was $28,263,827,200.59.

So, the publics total contributions amount to 0.24% of the increase from Thursday to Friday last week. One part in 400 of the one day change, or about ~3 minutes worth.

Panhandling at the governmental level? I didn't expect seeing that from the wealthiest country in the history of Earth...