The Farm Bill, The Farm Bill, The Farm Bill. May 16, 2008
Posted by baxtersbrother2 in Fiscal, Just Ranting, Social Discourse, Tax Policy., US Government, Uncategorized.Tags: Farm Bill, Farmers, Farming, NYTimes, President Bush, Senate, US Congress
4 comments
Once every 5 years or so, there is a package from the US Congress that is commonly called “The Farm Bill.” Typically, the farm bill contains agricultural programs for the nations farmers and Food Stamp money for the nations hungry. As illustrated in the NYTimes, even though it is a bi-partisan bill, and almost veto-proof, President Bush should veto this bill. The present package is a $307 billion dollar package that is full of pork for very wealthy farmers who are benefiting from the Ethanol revolution and increases in Net income. In the fine details, there is tax breaks for racehouse breeders in Kentucky by Senator McConnell. They pay the farmers not to farm!! If they are farmers who do not farm, what are they?
Also:
- Continues to subsidize millionaires. Currently, all full-time farmers may be eligible for farm subsidies regardless of income (part-time farmers must earn less than $2.5 million annually). President Bush reasonably proposed limiting farm subsidies to those who earn less than $200,000 a year.
- It pays people to farm dirt or do not farm at all! Here is a article from The Washington Post.
- It goes to school nutrition programs which I think is great. However, many of the school programs are corporate run, and they are feeding the children garbage with sugar that is creating a bigger obesity crisis.
- Many of the farmers do not like the bill and believe that it is fraud. The Grand Island Independent reported the passage of the bill and how Senator Chuck Hagel voted against it. “We must reconnect our policy to its original purpose: providing a true safety net to real farmers when they need it most, while limiting government involvement in producers’ decisions,” Hagel said.
- Senator Chuck Hagel also said “It will continue to distort land valuations and inflate food prices, while jeopardizing our trade agreements,” he said. “We need a farm bill that significantly reforms our current policy. Agriculture is far too important to Nebraska and America for it to continue on such a misguided path.” As a person who has traveled thru Nebraska at 100 mph, I completely agree.
- Fewer than half of America’s farms benefit from our current farm policy and nearly 66 percent of farm payments go to only 10 percent of producers. It is unwise and wrong to continue these policies. The real farmers and taxpayers lose. The big guys win.
- The average food stamp receipts receives an average $1.10 per meal. That is it. At the local Safeway, you can barely buy a box of Mac and Cheese for that price.
Regardless of ones political philosophy, WE DESERVE BETTER!
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