InvestorsHub Logo
Followers 21
Posts 15306
Boards Moderated 1
Alias Born 01/22/2003

Re: None

Tuesday, 04/17/2012 3:43:42 PM

Tuesday, April 17, 2012 3:43:42 PM

Post# of 486901
WASHINGTON (AP) — Republicans controlling the House are eying big cuts to food stamps and would make it more difficult for illegal immigrants to claim child tax credits as they piece together legislation to cut $261 billion in the coming decade.

It's the first step in a GOP exercise aimed at cutting domestic programs to forestall big Pentagon budget cuts next year.

The cuts to food stamps would reduce the monthly benefit for a family of four by almost $60 and would force up to 3 million people off the program altogether by tightening eligibility.

The measure would also eliminate a grant program to states for social services like day care. Six House panels are producing legislation this week as the first step in implementing the GOP's budget plan.
http://news.yahoo.com/gop-cut-food-stamps-deficit-reduction-drive-152825160.html
Join InvestorsHub

Join the InvestorsHub Community

Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.