Current:Home > StocksCan YOU solve the debt crisis? -WealthRoots Academy
Can YOU solve the debt crisis?
Oliver James Montgomery View
Date:2025-04-09 22:46:52
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! (89)
Related
- Newly elected West Virginia lawmaker arrested and accused of making terroristic threats
- U.S. strikes Iranian-backed militias in Iraq over wave of attacks on American forces
- Here’s what to know about Sweden’s bumpy road toward NATO membership
- What was the world like when the Detroit Lions last made the NFC championship game?
- Which apps offer encrypted messaging? How to switch and what to know after feds’ warning
- Jason Kelce Reveals Wife Kylie’s Reaction to His Shirtless Antics at Travis’ NFL Game
- The primaries have just begun. But Trump and Biden are already shifting to a November mindset
- U.S. strikes Iranian-backed militias in Iraq over wave of attacks on American forces
- Trump invites nearly all federal workers to quit now, get paid through September
- Customers eligible for Chick-fil-A's $4.4 million lawsuit settlement are almost out of time
Ranking
- Rylee Arnold Shares a Long
- Biden to speak at United Auto Workers conference as he woos blue-collar vote in battleground states
- 2024 McDonald's All American Games rosters: Cooper Flagg, Me'Arah O'Neal highlight list
- Bachelor Nation's Susie Evans and Justin Glaze Reveal They're Dating: Here's How Their Journey Began
- Rams vs. 49ers highlights: LA wins rainy defensive struggle in key divisional game
- Groundwater depletion accelerating in many parts of the world, study finds
- Collision of gas truck and car in Mongolian capital kills at least 6 and injures 11
- Baltimore Ravens' Mike Macdonald, Todd Monken in running to be head coaches on other teams
Recommendation
2 killed, 3 injured in shooting at makeshift club in Houston
A fire in China’s Jiangxi province kills at least 25 people, local officials say
North Carolina authorizes online sports betting to begin on eve of men’s ACC basketball tournament
2 hospitals and 19 clinics will close in western Wisconsin, worrying residents and local officials
Meta donates $1 million to Trump’s inauguration fund
Haley pledges to continue her campaign after New Hampshire primary loss to Trump
'No reason to be scared': Why some are turning to 'death doulas' as the end approaches
Netanyahu pressed on 2-state solution for Israel-Hamas war as southern Gaza hit with relentless shelling