SMRs and AMRs

Saturday, September 14, 2013

Food stamp fight on deck in the House

By Ruth Marcus, WashPost, Published: September 13

Democrats look at the food-stamp program and see an essential piece of a fraying safety net. Republicans see entitlement spending gone wild. This fierce debate is to be joined soon in the House, where Republicans plan to take up a mean-spirited measure that would cut spending on the program by a whopping $40 billion over the next decade — twice the original House proposal and 10 times the trims envisioned by the Senate.

The raw numbers offer some explanation for conservative concern. Spending on food stamps (technically, the Supplemental Nutrition Assistance Program, or SNAP) has mushroomed from $35 billion in 2007 to $83 billion. In an average month, nearly 48 million people — one in seven U.S. residents — receive benefits.

But those figures demonstrate a program working as intended in an economic downturn. According to the Congressional Budget Office (CBO), the weak economy was responsible for 65 percent of the cost growth between 2007 and 2011; 20 percent was because of a stimulus-funded boost in benefits that is set to expire in November. The remainder reflected factors such as higher food prices and lower income among beneficiaries.

Indeed, the CBO projects that, as the economy recovers and the labor market slowly follows, enrollment and costs will drop to 34 million recipients and $73 billion by 2023. Unlike federal health-care programs, under the twin pressures of an aging population and costs rising faster than inflation, food stamps are not a long-term driver of the budget deficit.

(More here.)

1 Comments:

Blogger Tom Koch said...

Will Democrats be satisfied if all Americans are hooked on the narcotic of aid? Is that success in the ‘left of the aisle world? It must be difficult to accept that "The One's" economic strategies have been a mess (not to mention his foreign policy) but can we all agree that we should work towards a society where aid it not necessary? Can we give individual freedom and liberty a try?

11:49 AM  

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