Stories
Slash Boxes
Comments

SoylentNews is people

posted by takyon on Friday May 22 2015, @12:00PM   Printer-friendly
from the withdrawal-symptoms dept.

The Washington Post reports:

A dollar bill is a special kind of thing. You can keep it as long as you like. You can pay for things with it. No one will ever charge you a fee. No one will ask any questions about your credit history. And other people won't try to tell you that they know how to spend that dollar better than you do.

For these reasons, cash is one of the most valuable resources a poor person in the United States can possess. Yet legislators in Kansas, not trusting the poor to use their money wisely, have voted to limit how much cash that welfare beneficiaries can receive, effectively reducing their overall benefits, as well.

The legislature placed a daily cap of $25 on cash withdrawals beginning July 1, which will force beneficiaries to make more frequent trips to the ATM to withdraw money from the debit cards used to pay public assistance benefits.

Since there's a fee for every withdrawal, the limit means that some families will get substantially less money.

 
This discussion has been archived. No new comments can be posted.
Display Options Threshold/Breakthrough Mark All as Read Mark All as Unread
The Fine Print: The following comments are owned by whoever posted them. We are not responsible for them in any way.
  • (Score: 2) by Dunbal on Friday May 22 2015, @02:31PM

    by Dunbal (3515) on Friday May 22 2015, @02:31PM (#186468)

    Easier still - get them to hand over their card and PIN and authorization, do the daily withdrawals yourself and hand them a lump sum every now and then (minus a small fee of course). It's up to you how much risk you are willing to take on giving them an "advance". See how wonderful this legislation is? Already we've come up with two completely new ways to screw the poor even more.

    Starting Score:    1  point
    Karma-Bonus Modifier   +1  

    Total Score:   2