OK, so the "Farm" bill is up in the Senate.
Today, the Senate will invoke cloture on the 5-year farm bill, S. 954.
The 1150-page Senate bill costs $955 billion over 10 years and creates a
new shallow loss program covering up to 90% of a farmer’s income – on
the taxpayer dime. Roughly 80% of the cost is related to food stamps.
For good measure, this bill contains sugar subsidies, biofuels
subsidies, and conservation programs. This mega-bill was rushed through the committee process and has only been subject to four amendments on the floor....
The red-highlight is very important.
See, the actual "farm" provisions--many of which are very questionable, indeed--are only about $125 billion over 10 years.
The BIG spend is on food stamps--also somewhat questionable. But without the food stamps, the actual "farm" portion might never get passed in its current form. (Sugar market-fixing, anyone??)
So the "farm" bill is assembled to force it through, and preserve Big Gummint for another few years.
Nice trick, eh? Too bad you have to pay for it.
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