Starting [last Friday], families who depend on food stamps will see their benefits cut as $5 billion in funding for the Supplemental Nutrition Assistance Program (SNAP) expires.
That means 47 million people — one out of seven Americans — will have to make do with less. And those aren’t even the only cuts coming to SNAP. That $5 billion came from stimulus spending passed in 2009. Eventually, Congress will pass a new farm bill with revised SNAP spending. House Republicans are looking for $49 billion in cuts, and the Senate has already agreed to cuts of $4.5 billion.
So, what does $5 billion mean for the average family on food stamps?
(Source: Center on Budget and Policy Priorities) <Read more.>