Wednesday, September 5, 2012

Record 46.7M Americans Use Govt. Food Stamps; They Are Now the Biggest USDA Annual Expense

The latest government report shows that a record 46.7 million Americans are now using the government assistance food stamp program, the Christian Broadcast Network website reports today (September 5, 2012).

"Too many middle-class families who have fallen on hard times are still struggling," Agriculture Secretary Tom Vilsack said yesterday.

"Our goal is to get these families the temporary assistance they need so they are able to get through these tough times and back on their feet as soon as possible," he added.

Food stamp spending is the biggest annual expense of the U.S. Department of Agriculture (USDA) with a record allotment of $75.7 billion as of September 30, 2011. Earlier this year, former House Speaker Newt Gingrich -- during his bid for the Republican presidential nomination -- nicknamed President Barack Obama "the food stamp president."

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