Monday, February 5, 2007

Go Direct

Did you know:

  • the Department of the Treasury issued 57,000 checks worth approximately $54,000,000 that were endorsed illegally in 2006;

  • the Department of the Treasury receives approximately 1,500,000 inquiries each year regarding problems with paper checks;

  • the use of direct deposit has resulted in more than $6,000,000,000 in savings for the Federal Government since 1986;

  • more than 12,000,000 social security and other Federal benefit recipients have yet to sign up for direct deposit;

  • the United States would generate approximately $120,000,000 in annual savings if all Federal beneficiaries used direct deposit;

That's why the Senate passed S.Res. 67 to designate March 2007 as Go Direct Month.

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