Economic News Roundup
The Economic Policy Institute (EPI) has released important research about the economy in the past few weeks. Here's a look at some of the key pieces it uncovered about the U.S. economy.
The Economic Policy Institute (EPI) has released important research about the economy in the past few weeks. Here's a look at some of the key pieces it uncovered about the U.S. economy.
House Republicans are set to take the food off the table for millions of low-income people, with huge cuts to the food stamp program, under a bill they are pushing toward a vote this week, likely Thursday or Friday.
The $40 billion in cuts to the Supplemental Nutrition Assistance Program (SNAP) are part of the farm bill reauthorization and would result, according to estimates from the Congressional Budget Office (CBO), in 1.7 million people forced off the rolls in the coming year and another 2.1 million dropped in 2014. The Center on Budget and Policy Priorities (CBPP) puts the figure at 4 million to 6 million.
The Economic Policy Institute (EPI) has released a lot of important research about the economy in the past few weeks. Here's a look at some of the key pieces it uncovered about the U.S. economy.
The average food stamp recipient receives about $31 a week ($4.42 a day) for groceries and that’s apparently too much for House Republicans—who by the way earn about $3,350 a week plus perks and seem to work about three days a week for maybe 40 weeks of the year. But I digress.
In this latest Workonomics installment for Upworthy Rep. Peter DeFazio (E-Ore.), sees just how far that $30 stretches and then live on it for a week.
In an extreme, out-of-touch vote, House Republicans voted on a Farm Bill Thursday that removed nutrition programs like the Supplemental Nutrition Assistance Program (SNAP). Every Democrat and a dozen Republicans voted against the bill.
If anyone still has questions about just exactly how much extremist House Republicans loathe low-income families, they got answers last night when the U.S. House voted down its agriculture spending bill in a 195 to 234 vote.