By Jack Phillips U.S. Department of Agriculture (USDA) officials on Saturday told states to “undo any steps” that were taken in recent days to disperse full Supplemental Nutrition Assistance Program (SNAP) benefits for November. In a memo, the agency told states to release only 65 percent of SNAP benefits, known as food stamps, during the […]
Tag: Economic Recession
In economics, a recession is a business cycle contraction when there is a general decline in economic activity. Recessions generally occur when there is a widespread drop in spending.
