Friday, April 20, 2012

Thanks Obama! Food stamp users increase 70% since 2007

When Newt Gingrich deemed Obama the Food Stamp President, he couldn’t have been more accurate. According to a CBO report (from the Wall Street Journal), food stamp recipients are up a whopping 70% under Obama, since 2007.

The Congressional Budget Office said Thursday that 45 million people in 2011 received Supplemental Nutrition Assistance Program benefits, a 70% increase from 2007. It said the number of people receiving the benefits, commonly known as food stamps, would continue growing until 2014.

Spending for the program, not including administrative costs, rose to $72 billion in 2011, up from $30 billion four years earlier. The CBO projected that one in seven U.S. residents received food stamps last year.

Source: FireAndreaMitchell.Com

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