's contract with an inexperienced bank to hand out debit cards to asylum seekers could cost as much as $10,000 per migrant, according to a new report. mayor Eric Adams has claimed the pilot program would start with 500 families staying at The Roosevelt Hotel migrant shelter and $52million. It was supposed to save money by allowing migrants to buy their own food and baby supplies, which officials say will save $600,000 per month and $7.2 million annually.But, in reality, the contract's fine-print leaves the option open for the program to become an open-ended, multi-billion-dollar deal, as reported by
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