Share this story
Close X
Switch to Desktop Site

Want to pay down the national debt? Go for it.

(Read article summary)
View video

Mark Lennihan / AP / File

(Read caption) This Feb. 1, 2010, file photo shows the National Debt Clock in New York. The Debt Clock is a privately funded estimate of the national debt. Anyone who chooses to can make a contribution to pay down the debt.

View photo

"Venture capitalist" Garrett Gruener complains that he is not paying enough taxes, and for that reason calls on politicians to raise his taxes.

But as it happens, if Gruener really is serious about wanting to pay more to the U.S. federal government, he can do so right away, regardless of how the future political battle over the possible extention of the Bush tax cut ends. Just go to the website of the Bureau of Public Debt and follow the instructions on how to pay more money to the U.S. federal government. If he is really serious about wanting to give more money to the government he can set an example by doing so right away.

About these ads

And so can by the way any other American reader who for some reason feels that it would be good if they paid more money to their federal government. Note however that while I do inform you of the possibility I do not recommend it and I would not view that as rational. If you can spare some money and want to give it away to others who deserve it, there is at least one person a lot more deserving than the U.S. federal government.



The Christian Science Monitor has assembled a diverse group of the best economy-related bloggers out there. Our guest bloggers are not employed or directed by the Monitor and the views expressed are the bloggers' own, as is responsibility for the content of their blogs. To contact us about a blogger, click here.