Food stamp cuts are bad for business, warns incoming Kraft (KFT) CEO Tony Vernon, who says a...

|By:, SA News Editor

Food stamp cuts are bad for business, warns incoming Kraft (KFT) CEO Tony Vernon, who says a minimum one-sixth of company revenue comes from program usage. Proposals floating around Congress would cut funding for food stamps as health advocates point out the program is a corporate subsidy to the nation's processed food giants.