On November 1, tens of millions of Americans learned that the assistance they received from the federal government to purchase groceries was reduced. Maximum monthly benefits for a family of four fell from $668 to $632, and for a single person the maximum benefit fell from $200 to $189. Who is going to be effected
Tag: Great Recession
The Cost of Crisis-Driven Fiscal Policy, a study conducted by Macroeconomic Advisers on behalf of the Peter G. Peterson Foundation, finds that the uncertainty created by the on-going short-term spending bills and perpetual brinksmanship around the debt ceiling has pushed the unemployment rate 0.6 percentage points higher than it would otherwise have been this year.