How the SNAP Program Impacts People and the Economy

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2023-09-11 11:00:20  • 8 mins

The number of food stamp recipients has risen sharply in the 21st century. According to the Pew Research Center, about 18 million people were enrolled in the Supplemental Nutrition Assistance Program (SNAP) in 2000, compared to about 42 million now.

Food Stamps: SNAP Benefits Will Increase in 2024

See: What To Do If You Owe Back Taxes to the IRS

A new GOBankingRates study of more than 1,000 people found that half of Americans either currently receive SNAP benefits or have in the past, with the two groups split evenly at 25% each. Older Americans are least likely to have ever collected benefits nearly three out of four people ages 65 and up arent enrolled and never were. Those most likely to currently receive benefits are older millennials and young Gen Xers ages 35-44.

Their personal stories illustrate why Americas largest anti-hunger initiative is so vital to the millions of households that rely on it, but SNAP also plays a critical role in the economy as a whole.

Food Stamps Are a Lifeline for the Most Vulnerable Households

SNAPs primary function is to prevent hunger among the perilously high percentage of Americans who cant afford sufficient food and it works.

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