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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.

 
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  • (Score: 0) by Anonymous Coward on Friday May 22 2015, @05:08PM

    by Anonymous Coward on Friday May 22 2015, @05:08PM (#186542)

    Want to skip the withdraw fee? It is *dead* easy to do. Nearly every bank does it too. Go inside. It is a bit more hassle but there is almost never a fee on the teller.

    I call bullshit.
    I have never seen a bank that charged an ATM fee for the ATM in the same building as the tellers.