A report by the Associated Press reveals that jobless workers have to pay fees on the benefits they collect. 30 states have made deals with large banks, many of which are taking bailout funds, like Bank of America, JP Morgan Chase, Citigroup and US Bancorp that require the unemployed to pay bank fees just to get access to their money. In some cases, those collecting benefits have no choice but to use bank issued debit cards, which run the risk of incurring overdraft fees. “It’s a racket. It’s a scam,” said one unemployed woman. (Associated Press)
This is a companion discussion topic for the original entry at https://talkingpointsmemo.com/?p=145752