Beginning on Friday, Nov. 1, 2013, 47 million Americans are going to see their food stamp benefits cut by huge amounts. Yahoo News reported that the benefits will be cut by 13 percent as the program gets hit with a $5 billion budget cut. With that being said, it appears as if this is just the start and a lot more food stamp cuts could be on the way.
The Republican-led House looks to cut at least $39 billion from the Supplemental Nutrition Assistance Program over the course of the next 10 years.
If those types of cuts are to happen, it could end up taking benefits away from over four million people in total. The cap on food stamp benefits would also be severely lowered if these cuts continue.
With stimulus funding expiring, the program is set to lose $6 billion in funding during the fiscal years of 2015 and 2016. This is not possibly going to happen, but it is already guaranteed to go down. These cuts come as the number of people using food stamps has gone up by 21 million over the course of the past five years.
The average benefits during that time went from $96.18 up to $133.41.
Should no more cuts occur, the program is still set to cost $700 billion over the next 10 years.