This Day On The Street
Continue to site
This account is pending registration confirmation. Please click on the link within the confirmation email previously sent you to complete registration.
Need a new registration confirmation email? Click here

Feeding America Responds To President's Budget Request

CHICAGO, April 10, 2013 /PRNewswire-USNewswire/ -- Feeding America today issued the following statement upon release of President Barack Obama's Fiscal Year 2014 Budget proposal:

Statement attributable to Bob Aiken , president and CEO of Feeding America:

" Feeding America commends the President's new budget proposal for providing robust funding for federal nutrition programs, which help millions of struggling Americans put food on the table. It demonstrates that deficit reduction can be accomplished while ensuring an adequate safety-net for our most vulnerable citizens. We urge Congress and the President to maintain our nation's historic, bi-partisan commitment to protecting low-income families as they work to reach agreement on fiscal priorities and deficit reduction.

"Economic recovery remains elusive for too many Americans, particularly those who are most vulnerable.  Nearly 12 million Americans remain out of work and another 8 million are working part-time, because their hours have been cut or they cannot find full time work. Federal anti-hunger programs like the Supplemental Nutrition Assistance Program (SNAP) and the Emergency Food Assistance Program (TEFAP), which supports our nation's food banks, are a life-line for families faced with choosing between filling the pantry or paying the rent.

"Food is our most basic human need. Investing in programs that help feed children, seniors and working families at risk of hunger and poor nutrition is not just the right thing to do, it makes fiscal sense. In the long run, hunger increases health care costs, lowers worker productivity, harms children's development and diminishes their educational performance.

"Feeding America is concerned that the President's proposal to cap the charitable deduction at 28 percent for higher income taxpayers will hurt food banks and other charities that are on the front lines serving struggling families.

1 of 2

Check Out Our Best Services for Investors

Action Alerts PLUS

Portfolio Manager Jim Cramer and Director of Research Jack Mohr reveal their investment tactics while giving advanced notice before every trade.

Product Features:
  • $2.5+ million portfolio
  • Large-cap and dividend focus
  • Intraday trade alerts from Cramer
Quant Ratings

Access the tool that DOMINATES the Russell 2000 and the S&P 500.

Product Features:
  • Buy, hold, or sell recommendations for over 4,300 stocks
  • Unlimited research reports on your favorite stocks
  • A custom stock screener
Stocks Under $10

David Peltier uncovers low dollar stocks with serious upside potential that are flying under Wall Street's radar.

Product Features:
  • Model portfolio
  • Stocks trading below $10
  • Intraday trade alerts
14-Days Free
Only $9.95
14-Days Free
Dividend Stock Advisor

David Peltier identifies the best of breed dividend stocks that will pay a reliable AND significant income stream.

Product Features:
  • Diversified model portfolio of dividend stocks
  • Updates with exact steps to take - BUY, HOLD, SELL
Trifecta Stocks

Every recommendation goes through 3 layers of intense scrutiny—quantitative, fundamental and technical analysis—to maximize profit potential and minimize risk.

Product Features:
  • Model Portfolio
  • Intra Day Trade alerts
  • Access to Quant Ratings
Real Money

More than 30 investing pros with skin in the game give you actionable insight and investment ideas.

Product Features:
  • Access to Jim Cramer's daily blog
  • Intraday commentary and news
  • Real-time trading forums
Only $49.95
14-Days Free
14-Days Free
AAPL $93.86 0.17%
FB $101.93 0.02%
GOOG $681.85 -0.18%
TSLA $150.42 -0.03%
YHOO $27.00 0.90%


Chart of I:DJI
DOW 15,929.84 +269.66 1.72%
S&P 500 1,862.45 +33.37 1.82%
NASDAQ 4,334.5250 +67.6880 1.59%

Free Reports

Top Rated Stocks Top Rated Funds Top Rated ETFs