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Report: Minimum wage hike would cut food stamp spending by $4.6 billion a year - The Washington Post

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According to the Center for American Progress enrollment in the food stamp program would drop by 9.2% if the minimum wage is raised to $10.10 per hour. The savings- $4.6 billion a year. This CAP report is by UC Berkeley researchers Rachel West and Michael Reich. Earlier research done at UC Berkeley and University of Illinois showed raising the minimum wage would save taxpayers $7 billion a year. Food stamps known as the Supplemental Nutrition Assistance Program supports one in seven Americans at a cost of $78 billion in 2011, with eligibility set at 130% of poverty threshold or $19,530 for 3 member family.


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