Thursday, September 19, 2013

Quote of the Day: SNAP Program Edition

The Center on Budget and Policy Priorities reports that the SNAP program helped 4 million people suffering economic hardship. Here is a chart.

The CBPP projects that the cost of the SNAP program will decrease. The findings are tied to the the GDP. I would have to see the numbers. I would say that depends on the economic recovery. So far Congress has done little to stimulate the economy. If people are still enrolling in the SNAP program in big numbers that means a). the economy is still bad 2.) SNAP cost may increase.

Economist Mark Zandi testified to the Senate Finance Committee that every dollar spent on SNAP puts $1.74 back into the economy. Considering that many people are economically hurting and SNAP stimulates the economy; it should come as no surprise that the House of Representatives voted to cut $4 billion from the program. The House bill would also allow potential SNAP recipients to be tested for drugs. Courts have already struck this down on the state level, including Florida.

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