Senate Farm Bill Markup and Passage

Washington, DC – The Senate Agriculture Committee voted a new farm bill out of committee today by a vote of 16-5.  The committee bill saves $23 billion over the next ten years according to budget estimates.

The committee bill includes historic reforms to commodity subsidies.  In addition to replacing automatic direct payments with a shallow loss revenue-based payment, the bill limits payments to not more than one farm manager per farm operation.  Under current law, mega farms collect multiple payments worth millions of dollars through passive investors and landowners who are counted as farm managers.  Read more…

Posted on April 27, 2012, in FPC Activities. Bookmark the permalink. Comments Off.

Comments are closed.


Get every new post delivered to your Inbox.

Join 301 other followers

%d bloggers like this: