Program Funding Shortfall Exceeds Projections
More than four million people have fallen off a benefit program as changes have begun to take effect. Initial congressional projections estimated that approximately 2.5 million people would lose benefits once all changes were implemented. The actual number of people losing benefits is currently outstripping those initial estimates. The program changes have only just started to be implemented. This figure reportedly outstrips the initial projections provided by the Congressional Budget Office. The impact of these changes is currently being assessed as the new regulations take effect. Agricultural assistance programs are facing funding shortages that exceed Congressional Budget Office projections. The programs are currently underfunded and face demand from farmers that exceeds available resources.
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Sources · 7 independent
“when the bill was initially drafted, it projected that about two and a half million people would lose benefits when all of the changes were taken into effect. We've already seen more than four million people fall off the program.”
“we've already seen more than four million people fall off the program. So that real number is going to far outstrip what the congressional projection was.”
“these programs are underfunded, they're over demanded by farmers, and Congress could do a lot more, you know, this bill being a kind of an example of a missed opportunity”
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