US government can use donations

12 trillion dollars. That is how much the United States’ debt load is and it is still rising.

CNN Money explores “Accepting Gifts,” a 1961 enacted law under the U.S. code which states that individuals can accept tax-deductible donations to help pay down the country’s debt.

Over the years, there have been contributions made. Most are under $100 and the largest by far is $3.5 million dollars.

For the fiscal year of 2009, donations totaled to jsut over $3 million, which is a lot less than the total amount contributed in 1994 – $21 million.

Do you wish to contribute?

You can send a check directly to:
Attn: Dept G, Bureau of the Public Debt, P.O. Box 2188, Parkersburg, WV 26106-2188.

You can also “include a check — separate from any tax payment you make – with your federal income tax return.”

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