Senate to Privatize Restaurants

Money loser to get shakeup.

The U.S. Senate has voted to privatize its Senate Restaurants foodservice operations, which are expected to be taken over by Restaurant Associates. The company has been managing dining operations for the House of Representatives since last December (see the May 2008 FM).

The reason for the move was mounting deficits that had to be subsidized by taxpayers, an estimated $2 million this year and more than $18 million in the past 15 years, according to a report by the Congressional Budget

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