No More Food Stamps or Unemployment Pay for the Rich

While millionaires getting food stamps are rare, some of them do indeed pursue unemployment benefits.

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The New York Times is reporting that Americans with gross adjusted income over $1 million would no longer be eligible for food stamps or jobless pay, producing $20 million in savings to help extend the payroll-tax holiday.

... The idea is also embraced by many Democrats, who had a similar version of the savings in a Senate bill to extend the payroll tax cut, as did a failed Republican Senate bill.

Yet as it turns out, millionaires on food stamps are about as rare as petunias in January, even if you count a lottery winner in Michigan who managed to collect the benefit until chagrined officials in the state put an end to it.