Suppose a future round of federal stimulus payments are issued on debit cards that can only be used to make purchases (i.e., no ATM withdrawals of cash or ACH transfers to your bank account), and the remaining balance on the card goes to zero 6 weeks after the card was issued. Would this system increase the share of the stimulus payments that are spent quickly rather than saved? Do you see any problems with this method of distributing the payments? 

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Lets analyze the potential impact and considerations of distributing federal stimulus payments on debit cards with restrictions as described 1 Impact on Spending Behavior By issuing stimulus payments ... View the full answer