According to a new government watchdog report, the Biden administration’s push to increase food stamp benefits is responsible for at least a 15% rise in grocery prices.
The Department of Agriculture (DOA) announced in 2021 revised nutritional standards for the Supplemental Nutrition Assistance Program (SNAP), which provided benefits that helped people in low-income households to purchase food.
Reports indicated Biden’s DOA bypassed Congress and expanded the program by 27% on average, the largest permanent increase in the program’s history.
The Foundation for Government Accountability reported that the expansion resulted in overall spending to more than double between 2019 and 2022.
From Newsmax:
The Congressional Budget Office (CBO) says the expansion is projected to cost taxpayers more than $1 trillion over the next decade because the increased spending on food stamps has fueled a rise in grocery prices and contributed to high inflation. "Data show the Biden administration’s overreach led to massive spikes in grocery prices. They’re feeding inflation, not stopping hunger."
