Saturday, November 2, 2013

Food Stamp Cuts Kick In

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More than 47 million Americans who receive food stamps will see their benefits go down starting November 1st, just as Congress has begun negotiations on further cuts to the program.
With a decrease in funding, the indigent are also looking at a possible increase in the cost of milk, etc.
If the bill is not passed by the end of the year and current farm law is not extended, certain dairy supports would expire that could raise the price of milk.
Farmers would start to feel more effects next spring.
Meanwhile, American families will feel the cuts immediately see a possible spike in the price in food come next spring.

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