At a time when college costs are rising faster than inflation. the Committee is making the largest cut in the history of the student loan programs. 3. Food StampsThe legislation imposes cuts to food stamps of $844 million over five years (20062010). a. Savings are achieved by adopting the Presidents proposal to limit categorical eligibility for food stamps to TANF recipients and increasing the incountry waiting period for legal immigrants to seven years. Under current law. 44 percent of those eligible for food stamps do not participate in the program. Changes such as these may mean even fewer vulnerable children and working families who qualify for nutrition benefits will actually receive them. 4.
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