NY’s Migrants Debit Card Isn’t $53M – That’s the Fee – It’s $2.5B+

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My earlier report about migrant debit cards, taken from mainstream media, said the program’s total cost was $53 million. That is not the total cost. Instead, it is only the fee that Mobility Capital Finance (MoCaFi) will receive for its services. This is stated in the contract.

City Hall has given itself the flexibility to disburse at least $2.5 billion on the pre-paid debit cards over a year.

Pinky Swear

The contract allows over $15,000 for a family of four without ID checks or fraud control. City Hall has said they will make the migrants sign an affidavit promising only to use the cards for food and baby supplies. We’re sure every criminal will abide by that.

MoCaFi is connected to Mayor Eric Adams through friends and campaign contributors. They received a no-bid contract.

THE BREAKDOWN

A migrant family of four could get $ 15,200 a year of taxpayer cash under NYC Mayor Eric Adams’s debit card scheme.

A cost breakdown of the Immediate Response Card initiative shows how much migrants could receive under the scheme.

According to the New York Post, a single adult could be given $345 a month, while a family of eight could be given $2,203 a month.

Likewise, a family of three could receive $932 per month, and a family of four could be given $1,195 per month to spend on food at local grocery stores, supermarkets, and bodegas.

A start date for the scheme has not been set but the pilot will include 500 families at the Roosevelt Hotel and could eventually include up to 6,500 families, with officials saying it will save $600,000 per month and $7.2 million annually.

It saves nothing. They shouldn’t be here and should be sent home.

Democrats are trying to break the system.

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Jessie
1 year ago

Its NYC, how many officials will leave as multi millionaires.

The Prisoner
1 year ago

The mayor is a racist, anti-American, snake oil salesman. He whines about the invasion, as a pretense, and because he wants more money. He fully supports the invasion. He is one of these “tear it all down” officials. The USA is racist, and no good, so it must be taken down.

The cost of the invasion nationwide is in the rough range of $250 billion a year, not including other side effects such as crime and upcoming riots. If Trump wins, when he begins deportations, there will be nationwide, organized riots, and most officials will allow those riots, worse than in 2020. Our USA will be blackmailed.