Starting in July, a new law in Kansas will restrict the amount of cash a welfare recipient can take out of ATM’s to just $25 a day—a move that critics say introduces a whole new host of financial burdens—including high ATM fees and travel costs—when they access cash.
Max Ehrenfreund at the Washington Post explains:
Since most banking machines are stocked only with $20 bills, the $25 limit is effectively a $20 limit. A family seeking to withdraw even $200 in cash would have to visit an ATM 10 times a month, a real burden for a parent who might not have a car and might not live in a neighborhood where ATMs are easy to find.
The law, backed by a GOP-dominated Kansas legislature and Republican Gov. Sam Brownback, will benefit the pockets of large banks while taking money from poor families who rely on food stamps.
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