How to stop the Cardinals from making the playoffs again: Dominicos
Dominos Restaurants is facing an uncertain future in the United States after the U.S. House voted Tuesday to gut food stamp benefits and stop the company from participating in future SNAP assistance programs.
In an amendment that would have effectively ended the company’s SNAP assistance, the House of Representatives voted to strip the company of the benefit by 2020.
The amendment would have applied to food stamps for the first three months of 2020.
In 2018, the company was expected to receive $1.2 billion in SNAP benefits, according to a spokesperson for the House Ways and Means Committee.
The company, which operates two restaurants in Washington, D.C., has been trying to make good on its pledge to stop participating in SNAP since 2014.
The company’s president said in 2015 that the company would phase out the program by 2020, which would have been effective April 1, 2021.
The restaurant chain, which also operates franchises in the New York City area, has been struggling with a $2.6 billion loss in the fourth quarter of 2019.
In addition, it had to cut some jobs and cut about 1,400 restaurants in March.
Dominos was also the subject of a $1 billion class action lawsuit filed in 2016 against the federal government.
That lawsuit accused the government of “deceptive practices” that made it “incompetent to determine how much money Dominos contributed to SNAP” and that “it deceived taxpayers” into believing it was making its food assistance payments more effective.
Dominics’ bankruptcy filing was the second major financial crisis for the company, following a series of bankruptcies in 2014 and 2015.