politics

Food Stamps Being Cut from Stimulus

According to an internal memo, it looks like food stamps are being eliminated from the stimulus package.

That goes against what many economists and studies suggest is the best way to stimulate the economy. You get more bang for your buck if you give food stamps to people who aren't likely to save any new money they get. Rather, they're probably going to spend whatever influx of cash they receive.

The memo also suggests that spending for defense is increasing.