Debt

Millions In Donations To Reduce The National Debt

I mentioned recently that anybody who wants to can make a donation to reduce the national debt. That raised an obvious question: How much money to people actually donate?

It turns out donations have been climbing lately; in fiscal year 2009, people gave more than $3 million, according to the Treasury department.

debt gifts

I'm trying to figure out who donates (really rich people?) and why (the principle of the thing? some kind of tax benefit?). I'll write a follow-up post if I find anything interesting.

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