Did You Know That Food Stamps Was a $760 Billion Program?

I sure didn't, which is why I was surprised to see an NYT article refer to it as "the $760 billion program." This number is referring to the cost of the program over a 10-year budget window, which careful readers may have gleaned from the rest of the sentence which tells us that fraud accounts for 1 percent of the program's cost or $760 million a year. Nowhere does the piece directly say that the $760 billion figure refers to a  ten year spending number and not a one year number.


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Published on June 18, 2013 03:09
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