Food Stamp Usage Jumps 70 Percent; Highest It's Ever Been
The number of people using Food Stamps has jumped 70 percent in the last four years, the Congressional Budget Office reported. In 2011 alone, 45 million people received government assistance.
Food Stamp usage is expected to increase until 2014, said the CBO, because by 2014 the economy is expected to turn around and improve. As it stands, the Supplemental Nutrition Assistance Program (SNAP) spent $72 billion last year, which is a $30 billion increase from 2007.
Those numbers are incredibly high and reflect the poor economy, the CBO stated in a new report....