Oh, SNAP: Is Biden’s food stamp expansion inflating grocery prices? ...Middle East

The Hill - News
Oh, SNAP: Is Biden’s food stamp expansion inflating grocery prices?
Since President Biden entered the Oval Office in January 2021, spending for the Supplemental Nutrition Assistance Program (SNAP), also known as food stamps, has increased by 27 percent. This giant increase in SNAP funding has unsurprisingly coincided with a steep rise in food prices. According to the U.S. Department of Agriculture, “Average annual food-at-home prices were 11.4 percent higher in 2022 than in 2021. For context, the 20-year historical level of retail food price inflation is 2.0 percent per year. In 2022, prices for all food categories increased faster than their historical averages from 2002–21. Prices for nine food categories increased by more than 10 percent in 2022.”

Hence then, the article about oh snap is biden s food stamp expansion inflating grocery prices was published today ( ) and is available on The Hill ( Middle East ) The editorial team at PressBee has edited and verified it, and it may have been modified, fully republished, or quoted. You can read and follow the updates of this news or article from its original source.

Read More Details
Finally We wish PressBee provided you with enough information of ( Oh, SNAP: Is Biden’s food stamp expansion inflating grocery prices? )

Apple Storegoogle play

Last updated :

Also on site :