Th Farm Bill Conference Report
Subsidizing Wealthy Farmers, While Food Prices Soar
The Farm Bill conference report (H.R. 2419) being considered on the House floor today will cost American taxpayers $658 billion over the next 10 years. It includes $23 billion in new costs, more than double the $10 billion admitted to by the conferees. Further, the bill makes little meaningful reform to bloated farm programs, and continues allowing wealthy farmers to receive the bulk of farm payments, to the detriment of small farmers and consumers who are struggling with skyrocketing food prices. Here are the details:
Read the full report here.