Stimulus Boost For Food Stamp Recipients
(CBS)
The government's stimulus package is giving a much smaller bonus to people on the bottom end of the economic ladder - the more than 32 million Americans who rely on food stamps. That's one out of 10 Americans, an all-time record high.
But that may change this month when every American on food stamps (or "nutrition assistance" as it's now known) will find 13 percent more money on their state-issued debit cards.
"Everyone goes to the grocery store," said Martin's Supermarket manager Mike Sword. "I can't think of a better way, frankly, to stimulate the economy."
The stimulus plan will also increase unemployment benefits, by about $25 a week, with the assumption that those who have the least will spend whatever they get, pumping that money into the economy.