January 29, 2020

Wall Street Journal: “Farm Lobby Beats Back 
Assault On Subsidies”

Lauren Etter and Greg Hitt reported in today’s Wall Street Journal that, “With grain prices soaring, farm income at record highs and the federal budget deficit widening, the subsidies and handouts given to American farmers would seem vulnerable to a serious pruning.

“But it appears that farmers, at least so far, have succeeded in stopping the strongest effort in years to shrink the government safety net that doles out billions of dollars to them each year.

“‘At some point, you have to step back and ask, ‘Does this make sense for the American taxpayer?’’ says Rep. Ron Kind. The Democrat from Wisconsin sponsored a measure that would have slashed about $10 billion over five years in subsidies — and saw it get crushed on the House floor.”