CNBC’s Ron Insana said President Donald Trump’s budget proposal makes harsh cuts to government programs that help the neediest. Insana said he’s particularly alarmed at the idea of reduced funding for food stamps.
“When I was around 15 years old, my father lost his business, in which he had invested every cent my family had,” he said in a commentary. “When the business failed, he was forced to declare both professional and personal bankruptcy.”
The financial calamity forced his family to apply for food stamps, which was renamed as the Supplemental Nutrition Assistance Program during the Obama administration.
“Coupled with my dad’s jobless benefits, food stamps filled the void until my father found some sort gainful employment again,” Insana said. “It was a humiliating experience for my parents, and an uncertain time for my siblings and me. However, I recall that the fact that we could buy groceries without having