#government benefits

3 stories

#administrative burden #annie lowrey #automatic enrollment #bureaucracy #business #child savings #chip technology #ebt cards #financial crime #low-income americans #magnetic stripe technology #ordeal mechanism theory

Nearly 70 million kids now have Trump Accounts
The Treasury finished auto-enrolling eligible children, but parents must claim accounts to access the $1,000 government seed deposit.
Fortune · 2m
Outdated payment tech fuels welfare fraud epidemic
Romanian crime gangs exploit 1960s magnetic stripe technology to steal hundreds of millions from government benefit systems.
Pymnts · 1m
The Time Tax: Why Government Makes Help Hard
Bureaucratic red tape isn't accidental, it's built on a theory that's backfiring on the poorest Americans.
Slate Magazine · 1m