HomeAbout

TL;DR CNBC


'Huge hunger cliff' looms, warns expert: Average recipient to get $90 less in food stamps as Covid aid ends - TL;DR CNBC

'Huge hunger cliff' looms, warns expert: Average recipient to get $90 less in food stamps as Covid aid ends

Publishing timestamp: 2023-03-02 09:00:01


Summary

In March, 32 states and Washington, D.C. will end emergency Supplemental Nutrition Assistance Program aid that was put in place in response to the Covid-19 pandemic. This will lead to an average of $90 less in benefits per month for recipients, creating a "huge hunger cliff" for families. Inflation is still reflected in higher prices on grocery store shelves, making the situation even more difficult. Organizations are working to spread the word about the change, and some states are considering or have enacted state funds to help replace lost federal benefits.


Sentiment: NEGATIVE

Tickers: SNAP

Keywords: billssnap incbusiness newsincome disparityelderly welfarelocal foodpandemicseconomic stimulussupplemental nutrition assistance programchild welfarehungerhuman welfarepersonal financewage gapcovid-19 pandemicpovertygovernment welfare systemslegislation

Source: https://www.cnbc.com/2023/03/02/average-recipient-to-get-90-less-in-food-stamps-as-covid-aid-ends.html


Developed by Leo Phan