That is bad news. I guess that I'll start tightening my belt now. I've heard that the GOP intend to reclassify food as a luxury and not a necessity after they repeal Obamacare. That's life in a GOP future.
Food is currently 12% of our family budget. With the projected 15% increase in food prices and the 1.7% increase in Social Security, our food expense will rise to 13.5%.