A few days ago, Val Powell brought you some information about how Walmart is showing its business’ dependence on food stamps. In the filing of a form 10-K with the Securities and Exchange Commission, Walmart noted that its bottom line…
US Retail Giant Wal-Mart Admits Dependence On Food Stamps To Keep Margins Up
Wal-mart Stores, Inc. declared an interesting factor in their bottom line when they filed their Form 10-K with the Securities and Exchange Commission on Friday. The world’s largest retailer officially admitted that certain changes in government assistance programs, especially the…
Farm Bill Passes Senate; Cost is Nearly $1 Trillion
Tuesday, the United States Senate voted 68 to 32 in favor of a new five-year farm bill, following 3 years of highly contested arguments and political maneuvers attempting to sway the bill in favor of a particular political party. The…
Food Stamps Getting A Pretty Hefty Cut For 850,000 People
Lawmakers have agreed to a deal on a farm bill that would end direct subsidies to farms and replace them with a crop insurance program, instead. This deal will also affect food stamps for around 850,000 people who count on…
Food Stamps: Benefits Cut By $5 Billion
An automatic cut to the food stamp program–known as SNAP–will go into effect today after the temporary expansion from a 2009 stimulus expires, meaning about 47 million people will need to dramatically alter their food budgets. The program may see…
McDonald’s: Not Paid Enough? Get Food Stamps.
McDonald’s loves to see you smile–just not their employees. When full-time employee Nancy Salgado called McResources, McDonald’s employee help line, and said she need a raise to help cover the cost of groceries and her heating bill, she was told…
Walmart Food Stamps, EBT Glitch Empties Shelves
If a temporary glitch incorrectly showed that there were no restrictions to your bank account, would you proceed to max out the card with unlimited merchandise? A similar situation involving the EBT system for food stamp benefits took place at…
Food Stamps Glitch Not Caused by Shutdown
People who receive food stamps were in for a shock today when they tried to pay for their groceries. A glitch in the national EBT system halted payments on Saturday, which meant people across 17 states had no money to…
Food Stamp Bill is Source of Contention
Democrats faced a loss in the House on Saturday when their motion to further re-link farm aid and food stamps failed to pass in a 204-195 vote. The issue at stake in Saturday’s vote was whether or not to synchronize…
House Votes for $4 Billion Cut in SNAP Funding
The House has just voted to cut roughly $4 billion a year from food stamp funding, a program 1 in 7 Americans are now using. The 217-210 vote will call for a 5% spending reduction, and was a victory for…