The Agricultural Act of 2014, signed into law by President Obama last Friday, includes $8 billion in cuts to the Supplemental Nutrition Assistance Program (SNAP) over the next decade. One way the bill proposes to accomplish these savings is by reducing food stamp fraud. When the new farm bill is enacted, many of America’s hardest working families will experience cuts in services and have trouble putting food on their family’s table. But there will be major gains for an industry that most Americans might not expect: banking.
Since Edward Snowden started disclosing millions of classified NSA documents in June, terms like meta-data, software backdoors, and cybervulnerability have appeared regularly in headlines and sound bites. Many Americans were astonished when these stories broke. In blogs, comment sections, and op-ed pages, they expressed disbelief and outrage.