Brian4Liberty
10-24-2014, 03:30 PM
Here's why the already bloated Farm Bill is getting more expensive (http://www.freedomworks.org/content/heres-why-already-bloated-farm-bill-getting-more-expensive)
By Jason Pye
When the House of Representatives passed the farm bill earlier this year, Speaker John Boehner (R-OH) hailed it as a accomplishment because, he said, it "maintains critical assistance for families in need and improves programs for producers while cutting the cost of government."
Uh, no, Mr. Speaker, the farm bill didn't cut the cost of government...Only in Washington can a 49 percent spending increase mean Congress is spending less.
Secondly, the $956 billion price tag for the farm bill is only going to grow. Congress wasn't living in reality when it created the shallow-loss crop insurance program, an uncapped entitlement that replaced direct subsidies. And, as a result of larger than expected crop yields that have driven down market prices, taxpayers are going to be hit with the costs.
...
And keep in mind that these subsidies are going to mostly wealthy farmers and the largest farms. Oh, and while direct payments had to be renewed every five years under previous iterations of the farm bill, the version passed by Congress earlier this year makes this brand of corporate welfare permanent.
...
More:
http://www.freedomworks.org/content/heres-why-already-bloated-farm-bill-getting-more-expensive
By Jason Pye
When the House of Representatives passed the farm bill earlier this year, Speaker John Boehner (R-OH) hailed it as a accomplishment because, he said, it "maintains critical assistance for families in need and improves programs for producers while cutting the cost of government."
Uh, no, Mr. Speaker, the farm bill didn't cut the cost of government...Only in Washington can a 49 percent spending increase mean Congress is spending less.
Secondly, the $956 billion price tag for the farm bill is only going to grow. Congress wasn't living in reality when it created the shallow-loss crop insurance program, an uncapped entitlement that replaced direct subsidies. And, as a result of larger than expected crop yields that have driven down market prices, taxpayers are going to be hit with the costs.
...
And keep in mind that these subsidies are going to mostly wealthy farmers and the largest farms. Oh, and while direct payments had to be renewed every five years under previous iterations of the farm bill, the version passed by Congress earlier this year makes this brand of corporate welfare permanent.
...
More:
http://www.freedomworks.org/content/heres-why-already-bloated-farm-bill-getting-more-expensive