Monday, March 30, 2015

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[IWS] CBO: THE EFFECTS OF POTENTIAL CUTS IN SNAP [food stamps] SPENDING ON HOUSEHOLDS WITH DIFFERENT AMOUNTS OF INCOME [16 March 2015]

IWS Documented News Service

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Institute for Workplace Studies-----------------Professor Samuel B. Bacharach

School of Industrial & Labor Relations-------- Director, Institute for Workplace Studies

Cornell University

16 East 34th Street, 4th floor--------------------Stuart Basefsky

New York, NY 10016 -------------------------------Director, IWS News Bureau

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NOTE: Funding for this service ends on 31 March 2015. Postings will end on this date as well.

 

Congressional Budget Office (CBO)

SNAP=The Supplemental Nutrition Assistance Program (SNAP, formerly known as Food Stamps)

 

THE EFFECTS OF POTENTIAL CUTS IN SNAP SPENDING ON HOUSEHOLDS WITH DIFFERENT AMOUNTS OF INCOME [16 March 2015]

http://www.cbo.gov/publication/49978

or

http://www.cbo.gov/sites/default/files/cbofiles/attachments/49978-SNAP.pdf

[full-text, 28 pages]

 

The Supplemental Nutrition Assistance Program (SNAP, formerly known as Food Stamps) provides benefits to low-income households to help them buy food. Total federal expenditures on SNAP amounted to $76 billion in fiscal year 2014. In an average month that year, 47 million people (or one in seven U.S. residents) received SNAP benefits.

 

Some policymakers have expressed a desire to scale back the program significantly to reduce federal spending. In this report, CBO examines several options for doing so and their effects on the benefits that would be received by households with different amounts of income.

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