IPFS News Link • Economy - Economics USA
'Bidenomics' Fail: Food Stamp Bonanza Sends Grocery Bills Soaring 15%, Study Finds
• https://www.infowars.com by Zero HedgeIn 2022, the Department of Agriculture's Supplemental Nutrition Assistance Program (SNAP) spending hit a record high of $119 billion, a sixfold increase over the last two decades. In 2019, taxpayers were on the hook for $4.5 billion per month on food stamp benefits. By December 2022, monthly food stamp spending soared to $11 billion.
According to findings from the government watchdog Foundation for Government Accountability (FGA), previewed by Fox News, the administration's massive expansion of food stamp benefits could be responsible for a 15% spike in grocery store prices.