Tag: House Speaker Kevin McCarthy

SNAP recipients might be impacted by the House debt ceiling legislation

Apr 30, 2023

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by

Riya Sharma

in Finance, US News

House Speaker Kevin McCarthy would reduce some Americans’ Supplemental Nutrition Assistance Program (SNAP) payouts as a way to briefly raise the debt ceiling. By keeping personal expenditures at FY 2022 levels until March 31, 2024, McCarthy’s Limit, Conserve, and Develop Act seeks to lift the debt limit by $1.5 trillion. McCarthy intends to increase the…