Trump Budget Would Swap Food Stamps for Food Packages

The plan is part of an effort to reform SNAP and save a projected $214 billion over a decade. It would give all households receiving more than $90 a month in cash a food-aid package that would "include items such as shelf-stable milk, ready to eat cereals, pasta, peanut butter, beans and canned fruit, vegetables, and meat, poultry or fish," according to the proposal.

Shares of Dollar Tree Inc. and Dollar General Corp. both dropped on Monday after the plan was unveiled.

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