Monday, 16 August 2021

Business Highlights: Food Stamp Benefits, Tesla Probe

President Joe Bidens administration has approved a significant and permanent increase in the levels of food aid available to needy families the largest single increase in the programs history. Starting in October, average benefits for food stamps officially known as the Supplemental Nutrition Assistance Program, or SNAP will rise more than 25 percent above prepandemic levels. The increased assistance will be available indefinitely to all 42 million SNAP beneficiaries. The increase coincides with the end of a 15 percent boost in SNAP benefits that was ordered as a pandemic protection measure. That benefit expires at the end of September.

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