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It is a solution in search of a problem. And it would create far more expensive problems than it proposes to solve. The Soviets already did this kind of thing–the same Soviets who deliberately starved millions to death with manufactured food shortages.
The school cafeterias could remain open 24/7 for everyone. Sure, taxes would go up about 50% or so, but free sloppy joes would be well worth it, amirite?
What you propose has existed for decades. See the link:
The fallacy is failing to understand the authoritarian spirit behind purported ‘humanitarian’ causes, especially those that involve using the deadly force of the state for funding. People who worship the idol of political power are generally lacking awareness of their own desire to boss others around. Failing to learn from history is part and parcel of the matter. Giving government ubiquitous control over the food supply has one result, and history has proved it a hundred times over. Complain all you want about greed in the market–government is near infinitely greedier.