TheAmerican Posted October 30, 2013 Share Posted October 30, 2013 Food stamps will get cut by $5 billion this week — and more cuts could follow October 28 The U.S. food-stamp program is set to shrink in the months ahead. The only real question is by how much. The Supplemental Nutrition Assistance Program (SNAP) currently costs about $80 billion per year and provides food aid to 14 percent of all U.S. households — some 47 million people. Those numbers swelled dramatically during the recession. But the food-stamp program is now set to downsize in the weeks ahead. There's a big automatic cut scheduled for Nov. 1, as a temporary boost from the 2009 stimulus bill expires. That change will trim about $5 billion from federal food-stamp spending over the coming year. And that's not all: The number of Americans on food stamps could drop even further in the months ahead, as Congress and various states contemplate further changes to the program. http://www.washingtonpost.com/blogs/wonkblog/wp/2013/10/28/food-stamps-will-get-cut-by-5-billion-this-week-and-more-cuts-could-follow/ Quote Link to comment Share on other sites More sharing options...
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