In many states, various forms of public aid are placed on Electronic Benefit Transfer (EBT) cards that are then used by recipients to buy food and other necessary purchases. However, EBT users can’t always just walk into a bank to transfer funds from a card to another person’s checking account. [More]
Record-High 45.8 Millions Americans Using Food Stamps
According to the U.S. Dept. of Agriculture’s latest report on its Supplemental Nutrition Assistance Program (aka food stamps), a record 45.8 million Americans received SNAP benefits during the month of May, up 12% from the same month in 2010 and 34% from two years ago. [More]
Costco Will Expand Food Stamp Program Nationwide
It turns out more Costco customers use food stamps than CEO James D. Sinegal originally thought, because after a test run earlier this year the company has decided to roll out the program nationwide.
Costco Now Accepting Food Stamps, Sort Of
Finally following the lead of its competitors, Costco will accept food stamp cards. For core food items, not other merchandise. Two New York City stores, in Astoria, Queens, and in Sunset Park, Brooklyn, will serve as test sites because of the high numbers of food stamp recipients nearby. If the program is successful, Costco will expand it to all other New York City stores, but there are no plans to expand the program to other cities or states.


