Food Stamp Usage Drops Below 40 Million for First Time in 8

New Post Public Reply Private Reply Replies (0) Message Board
PoemStone
142
Food Stamp Usage Drops Below 40 Million for First Time in 8 Years

< >

store-accepts-snap-ebt-food-stamps-file-getty-640x480.jpg

Food stamp participation dropped below 40 million for the first time in eight years, according to the latest numbers on food stamp enrollment from the U.S. Department of Agriculture (USDA).

The most recent USDA data reveals that 39,604,428 people were enrolled in the Supplemental Nutrition Assistance Program (SNAP)—the program that administers food stamps—as of April 2018. The last time enrollment dipped below 40 million was in February 2010, when 39,588,993 people received SNAP benefits.

The latest data on enrollment shows that overall enrollment in the food stamp program has reached historic lows, reaching its lowest point in eight years.

But food stamp enrollment has been steadily declining over the past few months, keeping pace with the downward trend in SNAP participation since 2013.

Using the latest data from the USDA, here is the month-by-month breakdown of how many people discontinued their SNAP benefits in fiscal year (FY) 2018:

October to November- 4,015,110

November to December- 358,242

December to January- 734,178

January to February- 608,039

February to March- 32,294

March to April- 494,961

The Trump administration’s push to reform the country’s welfare system combined with favorable economic conditions in the U.S. might have contributed to the decline in people seeking assistance from the welfare program.

Under Trump, 2.5 million fewer people discontinued their participation in SNAP, mainly due to the Trump administration’s attempts to keep down program costs at the federal and state levels.

The USDA announced in March that it hired an “integrity officer” to boost the administration’s efforts to prevent fraud in the country’s food stamp program and announced in February the rollout of its “Harvest Box” program to give SNAP recipients a box of food as part of their monthly benefits package.

The agency’s Food and Nutrition Service also released data last month on improper SNAP payments for the first time since 2014—when the Obama administration was in power—in its effort to increase transparency and integrity in the nation’s food stamp program.

But the Trump administration’s latest effort to reform SNAP may change how the federal government administers welfare programs, which in turn, may affect how many people stay enrolled in food stamps. A report released in June revealed that the Office of Management and Budget (OMB) is seeking to move welfare programs such as SNAP and other safety-net programs under the umbrella of the Department of Health and Human Services (HHS).
Featured stocks: Coffee Shoppe
For conservative debate: "Keeping it Real"
Game Changing stock $SHMP

Scroll down for more posts ▼

Top 10 Most Recent News Articles

Frontera Energy's Q3 Results Call: Key Insights Ahead

Updated Category News Views 144

What to Expect from Frontera’s Upcoming Call Frontera Energy’s got a date with the earnings table, and it’s set for November 11. The story here is about anticipation, folks. This Canadian energy player will lay its third-quarter results bare soon as trading wraps up. They’ll be breaking the nitty-gritty down in a call with the analysts that follows the next day,...

Continue Reading
Hanwha's Big Bet: Tokenizing Real-World Assets with Chainlink

Updated Category News Views 39

Hanwha and Chainlink: A Game Changer in Tokenization What do Hanwha Investment & Securities, a heavyweight in Korea's finance scene, and Chainlink, the wizard of onchain finance, think they're up to? They're buddies now, locked and loaded, to tokenize real-world assets (RWAs). They're not just shaking hands; they're aiming to jiggle the global finance bedrock....

Continue Reading
W.E.B. Du Bois Documentary Ignites Voting Rights Discussion

Updated Category News Views 25

The Lasting Resonance of W.E.B. Du Bois When we think about the fight for democracy, the legacy of W.E.B. Du Bois is bound to pop up. Thanks to director Rita Coburn, his legacy gets a full-on showcase through her latest documentary, W.E.B. Du Bois: Rebel With a Cause. This piece isn't just about looking back—it's about turning history into a mirror reflecting today's...

Continue Reading
Human Judgment Crucial Amid AI Growth in Courts

Updated Category News Views 127

AI in the Justice System: Balancing Potential and Pitfalls You know, when it comes to upholding justice, there's a line between what machines can handle and what only a human can bring to the gavel. Chief Justice Sundaresh Menon of Singapore threw the spotlight on this at an event in Brisbane, hammering home the need for good ole human intuition in the courtroom even as...

Continue Reading
FDA Greenlights VELO: A Turning Point for Reynolds?

Updated Category News Views 33

FDA Decision: A Big Win for Reynolds American Boy, am I seeing a shift in the winds. The FDA's green light for VELO nicotine pouches adds a fresh feather to Reynolds American's cap. In a gritty industry like tobacco, getting FDA's nod ain't just about safety; it’s a strategic leg up against traditional smoke. My gut tells me this isn't just about keeping pace. It's...

Continue Reading
Food Emulsifiers Surge: Market to Hit $5.60B by 2031

Updated Category News Views 72

Forecasting Growth in Food Emulsifiers Picture this: the food emulsifiers market is steaming ahead, anticipating a thunderous boom from $4.43 billion in 2026 to a whopping $5.60 billion by 2031. According to recent estimates, that's a steady clip at a CAGR of 4.8%. If you're thinking that's just more industry chatter, let's peel back the layers and see what makes this...

Continue Reading
Novelis Readies for Q2 Earnings Amid Global Market Focus

Updated Category News Views 36

Amid the ever-turbulent waves of industrial demand and environmental expectations, Novelis Inc. is set to lay bare its fiscal cards for Q2 of 2027. Circle November 5 on your calendar—this is when Steve Fisher and Dev Ahuja aim to sift through the heaps, scrutinize numbers, and spell out their game plan for investors via a conference call. Get your coffee ready for this...

Continue Reading
AbbVie's Q3 2026: Strong Performance and Bold Moves

Updated Category News Views 28

A Deep Dive into AbbVie's Q3 2026 Numbers Bruised and battered from the ebbs and flows of the market, AbbVie (NYSE:ABBV) decided to show up in swagger mode for the third quarter of 2026. They doubled their diluted EPS year over year with a GAAP figure hitting $2.37, backed by an adjusted EPS of $3.82. You're seeing the fruits of savvy expansions and a portfolio that seems...

Continue Reading
Triskell's 2026 Update: AI Leverages Portfolio Data

Updated Category News Views 58

Triskell's Strategic AI Leap Forward Forget the old grind of manual data tinkering—Triskell Software's latest AI enhancements in their 2026 SP2 release are setting a new stage. The Spain-based outfit is tweaking their Project Portfolio Management tools under the hood to suit modern instincts. It seems like portfolio management is getting a brain boost with some added AI...

Continue Reading
Cohen Veterans Network Invites Americans to Honor Veterans

Updated Category News Views 40

Cohen Veterans Network Launches "Call to Honor" Initiative The struggle to adequately acknowledge the sacrifices of veterans isn't new, but Cohen Veterans Network (CVN) is trying something a little different this time. "Call to Honor," a gratitude hotline, isn't just another method of saying "thanks"—it's a more profound communication channel for Americans to express...

Continue Reading

Top 5 Most Recently Viewed Articles

China Pacific Insurance Sees Steady Growth in Premium Income

Updated Category News Views 147

Overview of China Pacific Insurance's Recent Growth China Pacific Insurance (Group) Co., Ltd. (CPIC) has recently announced its premium income figures for the current fiscal year, showcasing a steady increase across its operating segments. The results indicate encouraging trends within both the life insurance and property insurance sectors of the company, providing...

Continue Reading
VoIP-Pal Launches Landmark Antitrust Lawsuits Against Telecom Giants

Updated Category News Views 121

VoIP-Pal Files Antitrust Lawsuits Against Major Telecom Companies VoIP-Pal.com Inc. (“VoIP-Pal,” “Company”) (OTCQB: VPLM) has initiated an antitrust lawsuit against major telecommunications companies AT&T, Verizon, T-Mobile, and Deutsche Telekom in the U.S. District Court for the District of Columbia. In addition, a separate class action lawsuit representing 373...

Continue Reading
Modine Manufacturing's Positive Growth and Future Potential

Updated Category News Views 137

Modine's Strong First Quarter Performance Modine Manufacturing Company (NYSE: MOD) recently reported impressive financial results for its first quarter, reflecting a positive trajectory driven by robust data center sales. This boost comes as the company expands its capacity and integrates recent acquisitions. Financial Highlights of the Quarter This quarter, Modine...

Continue Reading
Danske Mortgage Bank's Upcoming Annual Report Insights

Updated Category News Views 95

Overview of Danske Mortgage Bank Plc Danske Mortgage Bank Plc stands as a prominent financial institution, playing an instrumental role in the mortgage banking sector. Recognized for its unwavering commitment to delivering value to its shareholders, the bank consistently aims to release comprehensive financial records that reflect its growth and guidance. Upcoming Annual...

Continue Reading
Alibaba's Eddie Wu Addresses AI Bubble Concerns Ahead

Updated Category News Views 245

Confident Outlook from Alibaba's CEO Eddie Wu Eddie Wu, the CEO of Alibaba Group Holdings (NYSE: BABA), recently addressed growing concerns about an AI bubble during a conference call related to the company's financial performance. In a climate where technology stocks often face scrutiny, Wu's perspective stands out as he reassures stakeholders that the burgeoning AI...

Continue Reading