Drop in Food Stamp Benefits Next Month
Thursday, October 10th, 2013 -- 8:11 AM
-Millions of Americans will see a drop in their food stamps benefit next month as a temporary increase expires.Food stamps, actually the Supplemental Nutrition Assistance Program, go to 47 million Americans a month. Almost half of them are children and teenagers.
The federal stimulus pumped $45.2 billion into SNAP starting in 2009. That increased the monthly benefit of $588 a month to $668 for an average household of four. In November, that same family will start getting $632 a month. That's about a 5 percent cut.
The monthly benefits go to 1 in 7 Americans. The amount they get fluctuates based on factors including food prices, income and inflation.
The program could face another shortfall if the government remains shuttered past Nov. 1.
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