Current:Home > FinanceCan YOU solve the debt crisis? -Ascend Finance Compass
Can YOU solve the debt crisis?
View
Date:2025-04-11 13:04:36
During the James Madison administration in 1811, a citizen donated money to the United States government. Federal officials eventually set up special funds to collect these kinds of contributions, including ones earmarked for paying down the national debt.
Today, we talk to a Treasury official about these under-the-radar programs and an ordinary citizen who looks back at their donation with less civic pride than you'd think.
Music by Drop Electric. Find us: Facebook / Newsletter.
Subscribe to our show on Apple Podcasts, Spotify, Pocket Casts and NPR One.
For sponsor-free episodes of The Indicator from Planet Money, subscribe to Planet Money+ via Apple Podcasts or at plus.npr.org.
veryGood! (228)
Related
- Meet the volunteers risking their lives to deliver Christmas gifts to children in Haiti
- Taylor Swift's 'Eras' wins box office as 'Killers of the Flower Moon' makes $23M debut
- Gwyneth Paltrow has new line of Goop products, prepares for day 'no one will ever see me again'
- Halloween pet safety: Tips to keep your furry friends safe this trick-or-treat season
- All That You Wanted to Know About She’s All That
- 32 things we learned in NFL Week 7: Biggest stars put on a show
- Pakistani court indicts former Prime Minister Imran Khan on charges of revealing official secrets
- Tesla, Ford and Kia among 120,000 vehicles recalled: Check car recalls here
- EU countries double down on a halt to Syrian asylum claims but will not yet send people back
- World’s oldest dog ever dies in Portugal, aged 31 (or about 217 in dog years)
Ranking
- The 401(k) millionaires club keeps growing. We'll tell you how to join.
- South Korean auto parts maker plans $72.5M plant near new Hyundai facility in Georgia, hiring 500
- EPA proposes banning cancer-causing chemical used in automotive care and other products
- Juvenile arrested in California weeks after shooting outside Denver bar injured 5 people
- Trump invites nearly all federal workers to quit now, get paid through September
- Sen. Menendez returns to New York court to enter plea to new conspiracy charge
- 'Super fog' causes multi-car pileup on Louisiana highway: Police
- Humans are killing so many whales that a growing birth rate won't help
Recommendation
McKinsey to pay $650 million after advising opioid maker on how to 'turbocharge' sales
Juvenile arrested in California weeks after shooting outside Denver bar injured 5 people
Convicted killer known as the Zombie Hunter says life on death row is cold, food is not great
‘Superfog’ made of fog and marsh fire smoke blamed for traffic pileups, road closures in Louisiana
Warm inflation data keep S&P 500, Dow, Nasdaq under wraps before Fed meeting next week
Court orders Russian-US journalist to stay in jail another 6 weeks
Video shows Coast Guard rescuing mariners after luxury yacht capsizes near North Carolina
James Patterson says checked egos are key to co-author success, hints at big actor collab