The Coming Food Stamp Cuts

Moneybox
A blog about business and economics.
Aug. 19 2013 10:09 AM

The Coming Food Stamp Cuts

snap

Here's a snappy little chart from the Center on Budget and Policy Priorities about the level of Supplemental Nutrition Assistance Program benefit cuts that poor families can expect coming this winter, with downstream economic consequences for food retailers.

Sometimes in life a government has little choice but to make some tough calls about what to cut. But in the case of the U.S. federal government in 2013, that's really not the case. The budget deficit is falling, the economy is depressed, and borrowing costs are low. There's no reason to do this.

Matthew Yglesias is the executive editor of Vox and author of The Rent Is Too Damn High.

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