leaving his mansion with a suitcase and driving away in his pickup truck. in the wake of the investigations, tax masters now says it s modifying some of its fee structures, but the investigations in texas and minnesota are continuing, as is the tv ad blitz. fox news and cnn told us they are aware of the investigations but have no current plans to pull the ads which officials say are deceptive. brian ross, abc news, new york. and not an isolated problem here. hundreds of folks in both texas and minnesota have filed complaints with the ag s office there, so this is not going away quickly at all. no, very, have been interesting story right before tax day of course. coming up serious concerns for catherine zeta-jones while she checked herself into the hospital. and steven tyler, your boy, reveals deepest secrets and tells all, that s coming up next in the skinny. tells all, t coming up next in the skinny.
suitcase and driving away in his pickup truck. in the wake of the investigations, tax masters now says it s modifying some of its fee structures, but the investigations in texas and minnesota are continuing, as is the tv ad blitz. fox news and cnn told us they are aware of the investigations but have no current plans to pull the ads which officials say are deceptive. brian ross, abc news, new york. and not an isolated problem here. hundreds of folks in both texas and minnesota have filed complaints with the ag s office there, so this is not going away quickly at all. no, very, have been interesting story right before tax day of course. coming up serious concerns for catherine zeta-jones while she checked herself into the hospital. and steven tyler, your boy, reveals deepest secrets and tells all, that s coming up next in the skinny. tells all, t coming up next in the skinny.
a year you can. this is something the treasury department is doing. getting your irs income tax refund on the debit card. they are really pushing this. they are going to do 600,000 of these in different kinds of debit cards to test out what kind which works the best. this is a program for people without bank accounts. there will be some fees. they are testing different fee structures to see what makes sense. the treasury says this is safer, faster and more convenient. and it lowers cost for the government. it costs about 10 cents for the government to send you or for the government to put your tax refund on an actual debit card. costs about a buck to send you an irs tax refund check. this will save about $40 million a year once it s up and running. everyone is using these debit cards, prepaid debit cards. government agencies are starting to do it. you can get food stamps on a debit card.
they can be reloaded. keep this card, move it forward. the treasury can promote financial literacy. can help people save money. a lot of times you have people who don t have a bank account, who are taking an irs income tax refund check, going to a store or a check cashing agency and losing an awful lot of money and they aren t saving anything. so this is meant to help build i always say watch the fees on these prepaid cards. they are testing a lot of different fee structures. 600,000 people will get these. debit card instead of a cash check from the irs this year. that is interesting. christine, thank you. if you are getting money back, that s great. i know. what s your astrological sign? i m an aquarius. are you still an aquarius this morning? i m not sure. we have to check. we ask for a reason here, folks. you might have gone to bed last night thinking you were one sign. this morning you may be something else. the universe is changing. and your sign may have chang
overhaul law passed. do you see things out there that you believe the banks are dib ratley doing and others are drib lot lay doing to try to create new loop holes or create new fee structures and the like before you re in place? i turn to a study in the but charitable foundation in which they were studying the responses of the credit card companies to the new piece os lawful that have come in already in the changes and credit card rules and basically what they said are of all the new rules coming in, the industry had already figured out how to get around most of them by readjusting a little this way, moving a little that way. that is exactly why we have to have a consumer agency. we can t go through this business where you wreck ten fence posts out on the prairie and the banks try to run one way or the other. that s not the kind of relationship woe should have with the financial services,