Feds: More Americans selling their food stamps for cash

Feds: More Americans selling their food stamps for cash

The percentage of Americans selling their food stamps back to stores for cash has increased by 30 percent over the past several years, according to a new Agriculture Department study.

The study on food stamps trafficking — which the agency said included “covert investigation” in stores — compared the periods of 2006 -2008 to 2009 -2011.

Despite the increase, trafficking has declined since the 1990s, when the rate was nearly 4 percent of food stamps, also known as Supplemental Nutrition Assistance Programs benefits.

The total amount of SNAP benefits is now at roughly $858  million, compared to $330 million annually in the 2006-2008 period.

The increase reflects the overall growth  in SNAP participation and benefits, the agency said in the August 2013 report.

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