SNAP doesn’t have enough reserves to cover a single month. Monthly expenditures are $8 billion, or $100 billion a year (approx.). The reserve is $5-6 billion, enough for only 2-3 weeks. So there isn’t enough money in the bank for “full” payments, if “full” is understood to mean one complete month.
1 Comment
SNAP doesn’t have enough reserves to cover a single month. Monthly expenditures are $8 billion, or $100 billion a year (approx.). The reserve is $5-6 billion, enough for only 2-3 weeks. So there isn’t enough money in the bank for “full” payments, if “full” is understood to mean one complete month.