It's not really the information being there or not I'd call a concern. I mean that's all stuff the government already knows about a person. Albeit if it's actually stored in the code itself that opens up for others to take advantage of it.

The concern I would be more on about is the normalization of having to present a credential and be approved to go about daily life. As soon as everyone is used to that concept, it's all too easy to take your access away for any reason whatsoever.