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Latest Taxpayer's Tab: Ending Farm Subsidies
April 22, 2013
Among the bills featured in this issue is S. 334, introduced by Senator Claire McCaskill (D-MO). Her bill would end the direct cash payments given to farmers and the agricultural industry, a system that has roots in President Franklin Roosevelt's New Deal-era price stabilizing mechanisms. Based on current budget data, NTUF determined that Senator McCaskill's bill would reduce federal outlays by about $3 billion per year, or $14.9 billion over 5 years.
Also in this edition of the Tab:
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