#182 Planet Money: What If Everybody Chipped In To Pay Off the National Debt?




Planet Money show

Summary: Back in the '80s, Kay Fishburn had a dream: Americans would band together and make voluntary donations to the government to bring the national debt way down. She became something of a minor celebrity. On today's Planet Money, we check in with Fishburn. And we talk to an economist, who explains why it would be a bad idea for Americans to raid their savings accounts to pay off the national debt. It's all part of our ongoing quest to understand this whole gifts-to-pay-down-the-debt thing.