Food

This story has mostly positive ratings. 54 votes / 1 sink

In food price crunch, more Americans seek help

Food – At a cost of about $39 billion to the U.S. Treasury, nearly one in 10 Americans -- 28 million people -- are expected next year to use food stamps, which would be the highest enrolment in the program apart from a spike after the Gulf Coast hurricanes of 2005. U.S. food prices are expected to rise by up to 5 percent this year, part of a global tre

Tags: Food, food crisis, crisis, food stamps, enrollment, up

Report

Filter Comments ›
1 - 4 of 4 Comments by 4 members  RSS Feed for comments

1

Add Comment
avatar
Reply

The crunch comes as the U.S. economy takes a sharp turn for the worse and many see the number of people receiving food stamps as advance indicator of an economic slump.

Today, food stamp officials are not only watching more people apply for the benefits, they're seeing more of them come from the working poor, people whose low-wage jobs still leave them eligible under the program's strict income caps.

avatar
Reply

Thanks

avatar
Reply

"House and Senate lawmakers, forging a final compromise on a giant agriculture law, now plan to add over $10 billion to the food stamp program over the next decade, raising the standard income deduction, boosting the minimum benefit to $14 a month, an increase of $4, and giving more to food pantry donations."

At the same time Congress will increase the subsidy for corn to ethanol and set a higher target for ethanol production. Crops such as wheat and soybeans won't be planted because corn is more lucrative

The situation is only going to get worse

Instead of admitting they have made a mistake, Congress simply adds more money to the food stamp program

avatar
Reply

Without the powerful corn-belt senators and representatives there is no farm bill (perhaps not a bad thing).

The corn-belt senators and representatives must reward the Ethanol Lobby (primarily BIG Business interests) for their campaign support.

The corn-to-ethanol program is just PORK for the BIG-business ethanol lobby

1

Add Comment

You must log in first to post a comment. Secure Signin

Not a member? Sign-up today!


Who voted on this story?

Who sunk this story?

Channels
AnchorsArt & DesignAutos
BooksCareers & JobsCelebrities
Do No EvilDo-It-YourselfFamily
FoodGadgets & TechGay & Lesbian
Health & FitnessHumorLove & Personals
MenMoneyMovies
MusicNewsPets
PoliticsPopular VideosReal Estate
ReligionScienceShopping
SportsTelevisionTravel
VideoVideo GamesWomen