New York City Launches $53M Debit Card Program for Migrants Amid Budget Adjustments

Mayor Eric Adams announces significant cuts to migrant spending and cancels planned budget reductions, citing improved financial outlook and savings from new debit card initiative.

New York City initiates a $53 million pilot program providing prepaid debit cards to migrant families, aiming to support their basic needs and reduce city spending.
Mayor Eric Adams cancels a third round of budget cuts, attributing the decision to better-than-expected tax revenues and savings from a 10% reduction in migrant spending.
The debit card program, criticized by some, is defended by Adams as a cost-saving measure that will also benefit local economies by allowing migrants to purchase culturally relevant food.
Critics argue the program could attract more migrants and question the lack of fraud control measures, while supporters highlight the potential for significant taxpayer savings.
The initiative reflects a broader strategy to manage the city's fiscal challenges and migrant crisis, with Adams emphasizing the need for state and federal support.