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NYC Gun Buyback: $200 Bank Card for Handgun

| by Mark Berman Opposing Views

New York City will hold a gun buyback on Saturday, offering a $200 bank card in exchange for a working handgun.

"There are just too many guns on the streets and getting them off the streets is not a solution totally, but it helps,” Mayor Michael Bloomberg said on Thursday.

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The exchanges can be made at three locations in Harlem.

Bloomberg News reports this is just the latest buyback in a program that started in 2008. Since then some 7,000 guns have been turned in.

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While that number is just a small dent in the number of guns out there, State Senator Bill Perkins said buyback plans are among the most cost-effective government programs because they also reduce hospital costs, missed days of work and insurance payouts.