Biden’s food stamp expansion linked to 15% jump in grocery prices: studyBy Elizabeth Elkind, Fox News
August 24, 2023
The Biden administration’s massive expansion of food stamp benefits is linked to at least a 15% rise in grocery prices, a new study said on Thursday.
President Biden’s Department of Agriculture rolled out revised nutritional standards for federal food benefits in 2021 that expanded the program by roughly 25% from pre-COVID pandemic levels.
Overall spending on the Supplemental Assistance Nutrition Program (SNAP) more than doubled between 2019 and 2022, according to findings from the Foundation for Government Accountability (FGA) previewed by Fox News Digital.
It went from $4.5 billion in 2019 to $11 billion in 2022, the study said.
The group has argued that the increased spending on food stamps has helped fuel the price hikes that everyday Americans have contended with during a time of high inflation.
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Source:
https://nypost.com/2023/08/24/bidens-food-stamp-expansion-linked-to-15-jump-in-grocery-prices/
