SNAP Cuts Could Impact Spending: Fitch
Supplemental Nutrition Assistance Program benefits, which were reduced last November by approximately $29 per family per month, could be cut another $90 per month for an estimated 850,000 low-income households under the Farm Bill, according to Fitch Ratings. Fitch predicts a reduction in spending on milk and snacks, and a shift toward farmer’s markets, since the Farm Bill allows for doubling of benefits at farmer’s markets.
