Food Stamp Funding Drops $5 Billion
Photo Credit: Jay Pickthorn/The Argus Leader/APMillions of Americans will be expected to make do with less as of Friday, as $5 billion in cuts to the US food stamp program takes effect. The cuts to the program, formally called the Supplemental Nutrition Assistance Program (SNAP), will pinch almost 48 million people and could be followed by an even bigger slash.
The cuts come as a four-year increase in funding to the food stamp program reaches its expiration date. Government support for the program had been increased in 2009, as part of the broad stimulus package designed to help strapped Americans piece back together what had been lost during the recession.
The food stamp cuts, scheduled to take effect on Nov. 1, are distinct from possible additional slashes to the program included in the farm bill – broad legislation covering America’s agriculture and nutrition policies, including the food stamp program. The House version of the bill calls for a reduction in spending on food stamps by $40 billion over the next decade. The Senate is proposing less-significant cuts of about $4 billion.
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