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We have an update on the ongoing food
stamp saga and that is that the Trump
administration has agreed to a partial
payment for food stamps or SNAP benefits
as they are officially called for the
month of November despite the government
shutdown. We are going to tell you all
about it, how much it's going to be and
when you can expect the money. Hey
financial warriors, welcome to the show.
My name is Ben Hedges aka the credit
shifu and on this channel I cover US
credit cards, personal finance and
luxury travel. If you like the sound of
that, please subscribe. But let's get
into the video. So, the Trump
administration has made the decision to
pay 50% of the usual amount of food
stamps payments to all recipients for
November. They had a deadline of today,
November 3rd, to inform a judge in Rhode
Island, what they were going to do about
paying for food stamps amidst the
government shutdown. The judge had given
them two options. either make a full
food stamps payment to all the 42
million Americans that use food stamps
using money from the child nutrition
program, another government program, or
they could make a partial payment using
all of the money that's left in the
contingency fund at the USDA, which is
earmarked for food stamps, which
apparently has about $4.65 billion left
in it. Court documents released today
show that the administration has decided
to use the whole contingency fund to
make that partial payment, which should
amount to about half of what people
normally get. The court document also
stated that if they choose the partial
payment route, quote, "Under no
circumstances shall partial payments be
made later than Wednesday, November
5th." So, it looks like we do have a
clear resolution for this whole food
stamps mess. If you are on food stamps,
you will get a partial payment and
federal funds will be made available for
this by Wednesday. And hopefully the
states will be able to get those funds
out to your EBT card on Wednesday. Now,
this only resolves the issue for
November since once those funds are used
up in that contingency fund. There
really is no more money. And then if the
government shutdown continues into
December, there will have to be another
fight over where funds come from for
December payments. But realistically, I
think this shutdown will have ended by
then. I doubt any politicians want to
continue a government shutdown through
Thanksgiving. And Trump is already
talking on Truth Social about ending the
filibuster so that Republicans can pass
a spending bill with a simple majority
in the Senate. Now, people in some
states, like Virginia, for example, will
get additional government help. The
governor had already committed to paying
food stamps with state funding. Their
program actually started today and
presumably will make up the shortfall
with the government's partial payments.
So, probably they're going to make up
that 50%. Other states like California
have diverted extra money to food banks
that STAP recipients can use. You can
check out this video to get advice for
each state here. And there's also a code
that you can use with Go Puff delivery
service to get $50 worth of free
groceries if you are a food stamps
recipient. I'll put a link to a landing
page that gives you all the details of
that in a pin comment down below.
Otherwise, that's the video for today.
Thanks for watching, guys. Please
subscribe if you're new for more
financial tips and tricks. We'll see you
next time. Bye-bye.