Friday, August 6, 2010

Americans Receiving Food Stamp Soars to Nearly 41 million

Aer773Image via Wikipedia

The number of Americans receiving federal aid through the Supplemental Nutrition Assistance Program, commonly known as food stamps, soared to a record 40.8 million in May, according to government data released shortly before the Senate voted to cut billions from the food stamps budget.

The Senate voted Thursday to cut $12 billion from the program in order to help fund a $26 billion package to help states avoid teacher layoffs.

But according to U.S. Department of Agriculture figures, the number of people on the food stamp rolls has been growing to record levels for 18 straight months. Nearly $5.5 billion in aid went out to beneficiaries in May alone. The number of May recipients marked a 19 percent increase from a year ago.

"That is a historic high," USDA spokeswoman Jean Daniel said.

The sustained increase in food stamp recipients coincides with sustained high unemployment. The jobless rate dipped to 9.5 percent in June, but has hovered above 9 percent since mid-2009. More...

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