SNAP Overpaid $2B in Benefits; Program Dollars Up 115.6% Under Obama

By USDR

The nation’s food stamp program, formally known as the Supplemental Nutrition Assistance Program (SNAP), provided arecord $74.6 billion in benefits to needy Americans in Fiscal Year 2012 — paying out $2 billion too much, according to the annual quality control report for FY 2012, the most recent year for which data is available.

In FY 2008, the SNAP program provided $34,611,397,238 in benefits to recipients. Five years later, in FY 2012, the amount of benefits provided had increased by 115.6 percent, to $74.6 billion dollars.

All opinions expressed on USDR are those of the author and not necessarily those of US Daily Review.

Leave a comment

Your email address will not be published.

*