How food stamp cuts could ripple through the economy
May 26, 2017
NEW YORK (AP) — A proposal to curtail the nation's food stamp program would pinch families struggling to pay for groceries and ripple through other areas of the economy, including supermarkets and discounters, as people shuffle their budgets.
President Donald Trump is proposing a roughly 30 percent reduction in the federal budget for the program formally known as the Supplemental Nutrition Assistance Program, or SNAP. His overall budget proposal met a chilly reception from lawmakers, and is unlikely to be passed as is. But it suggests increasing work requirements for SNAP recipients, and...