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The government can lower grocery prices. It doesn’t have to run the stores

It’s a Costco card, with Washington as the buying club.

The government can lower grocery prices. It doesn’t have to run the stores

A proposal from the Kitchen Table Project aims to lower grocery prices by allowing stores to purchase a basket of 20 staples at auction prices. The government would act as a purchasing club, rather than running stores or setting prices. This approach could save a family of four about $315 a year, compared to traditional price caps or politicians setting prices.

The proposal would be beneficial for small stores that pay more for the same case of eggs due to lower buying power, particularly in lower-income areas where shoppers have fewer options. However, the markup is not specified and could vary based on location, potentially impacting the overall savings for customers.

Written by urgent.news from Fortune's reporting — not their text. Machine-written — may contain errors; check the original before relying on it.

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