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Snap Benefits/ Food Stamps ,who should foot the Bill, news...

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15 hours ago, JimHuaHin said:

America's billionaires, especially the boy wonder Elon, who wants to become the first trillionaire.

 I always wanted to be a rich man : 

American Billionaires ,735 would  be a fair estimate .instead of taxing them extra ,which could be considered wealth theft, let them take their donations to charity of 42 Billion annually  and pay down the Snap.

These are all guesstimates on American Billionaires. Don't get hung up in  the weeds on the figures.

  735 billionaires donate to charities ,annually 42 b.

  Snap cost 100-120 billion  for 41 million recipients annually .

  Conclusion:Let the 735 contribute their charity of $42 b to Snap and have the States pick up the rest.releasing the burden from the federal taxpayers.Making the State fiscally responsible and still giving a write off for the 735. Downside the Charities go without.

 

Google ai Overview:

There are 735 American billionaires as of April 2025, according to Forbes. The U.S. has more billionaires than any other country. Their collective wealth is approximately $5.7 trillion. 

 

 google ai overview 

It's difficult to provide an exact figure for what 735 US billionaires donate annually, as giving varies significantly year-to-year and not all donations are publicly reported. However, in a single recent year (2022), U.S. billionaires as a group donated approximately $42.2 billion, though this number can fluctuate significantly based on large, individual gifts like those made by MacKenzie Scott or Elon Musk

 

google ai overview

The amount lost to waste, fraud, and abuse in the SNAP program each year varies, with a USDA estimate for fiscal year 2023 placing improper payments at approximately $10.5 billion. Other figures cite higher estimates; for example, one expert estimates fraud could be as high as $12 billion, while others suggest total fraud is much higher, around $20-25 billion annually.

 

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  • The blue states foot the bill, as usual. And that's called democratic socialism, where the strong take care of the weak.              

  • No, they do not.  It goes on the national credit card.

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