US government spent $80.4 bn on food stamps in 2012

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The US government has spent a record USD 80.4 billion on food stamps, the Supplemental Nutrition Assistance Program (SNAP) that helps Americans who cannot afford to buy food.

US government spent $80.4 bn on food stamps in 2012

According to the US Department of the Treasury, the federal government has paid out USD 80,401,000,000 for food stamps during fiscal year (FY) of 2012 (from October 1, 2011 to September 30, 2012), increasing the amount by USD 2.7 billion from previous year.

Since President Barack Obama took office, the amount paid out by the SNAP has increased yearly. In FY 2009, it was reported to be at USD 55.6 billion, meaning the amount has increased by USD 24.8 billion during the past three years until 2012.

Food stamps are government vouchers, restricting eligible consumers to buy only food at grocery stores and no hot meals.

The number of Americans using food stamps hit a record high in September of 2012 when 47.7 million received help from the SNAP.

Most often, the Americans living on food stamps live on about USD 4 a day to eat. That is a dollar and forty cents for each meal.

Official figures from September 2012 showed that more than 46 million Americans, 15 percent of the US population, are living in poverty, making it the highest rate during the past 40 years.

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2 Responses

  1. GJS says:

    Alas, this puts things into perspective t how bad things are becoming.
    The scarey reality is that NO-ONE has the answer because there is none unless we went back to when the US wanted CHINA given membership to the World Trade Organisation knowing full well this would dismantle manufacturing in most of the west strangling the power of the middle class.
    Before you rant & rave over this at least do a little research to see just how accurate it is, unfortunately for ALL of us IT IS !

  2. david frobel says:

    this is a sad rate of affers,I know so meany people that work a full time job and qualify for food stamps. Amarica should pay a good liveble wage to get this off our backs and get people back to work,,it all gose to china,,,

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