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Agriculture Secretary Sonny Perdue and President Trump. Photo: Olivier Douliery-Pool/Getty Images

U.S. Department of Agriculture (USDA) officials said the Trump administration will propose Tuesday to tighten access to food stamps, cutting about 3.1 million people from the program, Reuters reports.

Details: The proposed changes to the Supplemental Nutrition Assistance Program (SNAP) would limit access to food stamps for households with savings and other assets, with the aim of ending automatic eligibility for those already receiving federal and state assistance, per the Washington Post.

The big picture: Residents in 43 states can automatically become eligible for food stamps via SNAP if they receive benefits from another federal program, the Temporary Assistance for Needy Families (TANF), Reuters notes.

  • USDA officials said they want to require people who receive TANF benefits to pass an income and assets review to determine whether they are eligible for free food from SNAP, according to Reuters.

What they're saying: Agriculture Secretary Sonny Perdue said during a conference call with reporters Monday night that the proposal would "preserve the integrity of the program," according to WashPost. "SNAP should be a temporary safety net," he said.

  • Acting Deputy Undersecretary Brandon Lipps said the plan would result in annual budgetary savings of $2.5 billion and restrict less needy individuals from qualifying for benefits, per WashPost, which notes USDA officials had no specifics on the financial cutoff for their proposal.

The other side: Sen. Debbie Stabenow (D-Mich.), the ranking Democrat on the Senate Agriculture Committee, told WashPost that the proposed SNAP overhaul was an attempt by the Trump administration to bypass Congress, which blocked its earlier attempts to cut food stamps.

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  3. Economy: Conference Board predicts economy won’t fully recover until late 2021.
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Dan Primack, author of Pro Rata
Updated 8 hours ago - Economy & Business

Dunkin' Brands agrees to $11B Inspire Brands sale

Photo: Alexi Rosenfeld/Getty Images

Dunkin' Brands, operator of both Dunkin' Donuts and Baskin-Robbins, agreed on Friday to be taken private for nearly $11.3 billion, including debt, by Inspire Brands, a restaurant platform sponsored by private equity firm Roark Capital.

Why it matters: Buying Dunkin’ will more than double Inspire’s footprint, making it one of the biggest restaurant deals in the past 10 years. This could ultimately set up an IPO for Inspire, which already owns Arby's, Jimmy John's and Buffalo Wild Wings.

Ina Fried, author of Login
10 hours ago - Technology

Federal judge halts Trump administration limit on TikTok

Illustration: Aïda Amer/Axios

A federal judge on Friday issued an injunction preventing the Trump administration from imposing limits on the distribution of TikTok, Bloomberg reports. The injunction request came as part of a suit brought by creators who make a living on the video service.

Why it matters: The administration has been seeking to force a sale of, or block, the Chinese-owned service. It also moved to ban the service from operating in the U.S. as of Nov. 12, a move which was put on hold by Friday's injunction.