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  • 7/10/2025
The reconciliation package signed into law by President Donald Trump includes the largest cut to SNAP in U.S. history, according to CNBC. The law slashes the program by 20% or $186 billion through 2034, according to the Congressional Budget Office. Research from the nonpartisan Urban Institute found that 22.3 million families will lose some or all of their food assistance, with 5.3 million experiencing a cut of at least $25 per month and many averaging a reduction of $146 per month. The legislation imposes stricter work requirements for older adults, parents, and veterans, potentially leading to the loss of benefits due to administrative hurdles. Experts warn that families could be removed from the rolls for failing to recertify or comply with new paperwork, even if their eligibility hasn’t changed.

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00:00It's Benzinga, bringing Wall Street to Main Street.
00:02The reconciliation package signed into law by President Donald Trump
00:05includes the largest cut to SNAP in U.S. history, according to CNBC.
00:09The law slashes the program by 20% or $186 billion through 2034,
00:13according to the Congressional Budget Office.
00:15Research for the nonpartisan Urban Institute found that 22.3 million families
00:18will lose some or all of their food assistance,
00:21with $5.3 million losing at least $25 per month
00:24and many averaging $146 monthly cut.
00:27Legislation adds stricter work requirements for older adults,
00:29parents, and veterans, risking loss of benefits
00:32due to administrative hurdles.
00:33Experts warn that families can fall off the rolls
00:35for failing to recertify or comply with new paperwork,
00:38even if their eligibility hasn't changed.
00:40For all things money, visit Benzinga.com.

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