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Wednesday, June 09, 2010

Who gave $1.5 million to pay down the national debt?

from NPR's Planet Money -- Every year, people give the government millions of dollars in gifts to reduce the national debt.

The government reports the total value of the contributions, but it doesn't say anything about the size of each donation, or how many gifts there are.

We wanted to learn more, so we submitted a Freedom of Information Act to the Treasury Department asking for details; they responded with a spreadsheet listing the amount of every donation they've received for the past five years.

The details are pretty interesting. ... more than 1,500 people gave gifts of $100 or less (including a bunch of jokers who donated one cent). But there were some big donations as well — 17 gifts were for more than $100,000. The biggest donation was for more than $1.5 million.

More here.

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