Wednesday, June 20, 2012

59 Percent Increase In Food Stamp Recipients Over Last 3 Years: 1 In 7 Americans Now Qualify Due To Expanded Eligibility

From The Wall Street Journal Opinion, "Food Stamp Fiasco: The Senate refuses to cut $20 billion out of $770 billion:"
But thanks to eligibility changes ... food stamps are becoming the latest middle-class entitlement.

A record 44.7 million people received food stamps in fiscal 2011, up from 28.2 million as recently as 2008. The cost has more than doubled in that same period, to $78 billion, and is on track to account for 78% of farm bill spending over the next decade. One in seven Americans now qualifies.
Some 39 states have no real asset test for food stamps, which means wealthy families without anyone in the job market are eligible

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