FarmPolicy

Farm Bill Issues; Trade; and the GIPSA Rule

President’s Deficit Plan: Agricultural Provisions- Additional Analysis

Reuters writer Charles Abbott pointed out earlier this week that, “President Barack Obama on Monday proposed to end a ‘direct payment’ subsidy that gives $5 billion a year to farmers regardless of need, as part of his larger effort to reduce the federal budget deficit.

“Direct payments, created in 1996 as a temporary measure, will be the largest farm subsidy this year and terminating them would be a dramatic re-shaping of the U.S. farm program.”

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Posted by Keith Good • September, 21, 2011 • 4:51 am