Mapping Out Welfare Shockwave By Retailer If SNAP Cuts Passed

A proposed Republican bill aims to cut $300 billion from the SNAP program by 2034. Goldman Sachs analysts have assessed the potential impact of these SNAP reductions on major retail chains. Dollar General and Dollar Tree are projected to be the most affected due to their high exposure to SNAP recipients. Other retailers like Walmart also face notable exposure, while Sprouts has minimal SNAP-related risk. The analysis reveals that many SNAP-dependent stores are located in Republican-leaning counties. Reduced federal SNAP funding would shift the burden to individual states. Store location maps highlight each retailer's presence and SNAP exposure levels by state. Despite the potential SNAP cuts, Goldman Sachs maintains buy ratings for multiple retailers. Future earnings reports will likely show which retailers best cater to consumers facing financial constraints. Walmart is currently positioned as a leading contender in offering value to budget-conscious shoppers.