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Elizabeth Allen


NextImg:Biden's Expanded Food Stamp Program: A Factor in Rising Grocery Prices?

President Biden’s Department of Agriculture’s amended nutritional standards for federal food benefits in 2021 dawned a significant 25% growth in the program from its levels before the COVID-19 pandemic. Even worse, a study released on Thursday indicates that this expansion may be connected to the observed 15% surge in grocery prices.

Data from the Foundation for Government Accountability (FGA), which was shared with Fox News Digital, revealed that the outlay on the Supplemental Assistance Nutrition Program (SNAP) saw an exponential rise.

The numbers soared from $4.5 billion in 2019 to a staggering $11 billion by 2022. The FGA strongly holds that this massive increase in food stamp expenditure contributed to the price escalations that many Americans have faced in this era marked by notable inflation across the board.

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Jonathan Ingram, the Vice President of Policy and Research at the Foundation for Government Accountability, stated, “USDA cooked their books to hike food stamp benefits by 27% — the largest permanent increase in program history. And they bypassed Congress to do it.”

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He went on to comment, “Data show the Biden administration’s overreach led to massive spikes in grocery prices. They’re feeding inflation, not stopping hunger.”

Backing its claim, the study references a World Bank research, pinpointing that “a one percent increase in per-capita food stamp benefits increased grocery store prices by 0.08 percent.” To simplify, the study noted, “Food prices increase by one percent for every 12.5 percent increase in food stamp spending.”

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Moreover, the FGA projects that over $193 billion in taxpayer dollars could potentially be reclaimed if Congress took action to roll back Biden’s expanded food stamp initiative.

While the Department of Agriculture anticipates an average food price escalation of 5.8% for 2023, they stated it’s at a slower pace than 2022, but still eclipses the “historical-average rates.”

The subject of food stamp expenditure is set to be a focal point in the impending Congressional discussions concerning the reauthorization of the Farm Bill.

This legislation encompasses a spectrum of expenditures, from food benefits for city dwellers to advancing rural internet access. Given the political dynamics, Republicans are advocating for a curtailment in SNAP spending.

Simultaneously, the Democrats proceed with caution, especially after having recently reached an agreement with House Republicans. This accord entailed the introduction of work prerequisites for certain food stamp recipients, a stipulation tied to the elevation of the federal debt ceiling earlier this year.

While Biden’s reelection bid is praising the “success of Bidenomics” consumers realize the truth as they shop for food as inflation continues to wreak havoc on their diminishing bank accounts.

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