from "Foodstamp Use at All-Time High," by Becket Adams, The Blaze
Food-stamp usage soared to an all-time high in June with a total of 46.7 million Americans receiving the government aid, Bloomberg reports.That’s a 0.4 percent increase from May.
“Participation was 3.3 percent higher than a year earlier and has remained higher than 46 million all year as the unemployment rate has stagnated just above 8 percent,” the report adds.
But wait! There’s more!
Not only has food-stamp spending become the USDA’s single greatest annual expense, but it has more than doubled in four years to “a record $75.7 billion in the fiscal year ended Sept. 30, 2011,” according to Bloomberg.
“Reductions in the program have emerged as a point of contention in debate over a farm bill to replace current law that expires Sept. 30. The U.S. Senate in June passed a plan that would lower expenditures by $4 billion over 10 years, while the House Agriculture Committee the following month backed a $16 billion cut,” the report adds.
Total food-stamp spending in June: $6.21 billion. That’s a 0.4 percent increase from May and 2.8 percent more than it was at this time last year.Here’s a chart illustrating the annual increase in food-stamp participation:
Have you noticed a pattern yet? (more).
Food-stamp usage soared to an all-time high in June with a total of 46.7 million Americans receiving the government aid, Bloomberg reports.That’s a 0.4 percent increase from May.
“Participation was 3.3 percent higher than a year earlier and has remained higher than 46 million all year as the unemployment rate has stagnated just above 8 percent,” the report adds.
But wait! There’s more!
Not only has food-stamp spending become the USDA’s single greatest annual expense, but it has more than doubled in four years to “a record $75.7 billion in the fiscal year ended Sept. 30, 2011,” according to Bloomberg.
“Reductions in the program have emerged as a point of contention in debate over a farm bill to replace current law that expires Sept. 30. The U.S. Senate in June passed a plan that would lower expenditures by $4 billion over 10 years, while the House Agriculture Committee the following month backed a $16 billion cut,” the report adds.
Total food-stamp spending in June: $6.21 billion. That’s a 0.4 percent increase from May and 2.8 percent more than it was at this time last year.Here’s a chart illustrating the annual increase in food-stamp participation:
Have you noticed a pattern yet? (more).
