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US government spent $80.4 bn on food stamps in 2012

 
Anonymous Coward
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United States
01/07/2013 05:14 AM
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US government spent $80.4 bn on food stamps in 2012
The US government has spent a record USD 80.4 billion on food stamps, the Supplemental Nutrition Assistance Program (SNAP) that helps Americans who cannot afford to buy food.


According to the US Department of the Treasury, the federal government has paid out USD 80,401,000,000 for food stamps during fiscal year (FY) of 2012 (from October 1, 2011 to September 30, 2012), increasing the amount by USD 2.7 billion from previous year.

Since President Barack Obama took office, the amount paid out by the SNAP has increased yearly. In FY 2009, it was reported to be at USD 55.6 billion, meaning the amount has increased by USD 24.8 billion during the past three years until 2012.

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Anonymous Coward
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01/07/2013 05:15 AM
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Re: US government spent $80.4 bn on food stamps in 2012
just goes to show how many jobless, hungry americans are out there.
11:11

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01/07/2013 05:23 AM
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Re: US government spent $80.4 bn on food stamps in 2012
About 50% of that is recent jobless, most of the rest are the system playing deadbeats that have been on it since day one.