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By USDR
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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.
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