President Bush will seek deep cuts in farm and commodity programs in his new budget and in a major policy shift will propose overall limits on subsidy payments to farmers, administration officials said Saturday.I would be overjoyed if something like this actually happened, but I'm confident that the welfare-staters in Congress will put them back in. As is, I suspect, the White House.
Such limits would help reduce the federal budget deficit and would inject market forces into the farm economy, the officials said.
The proposal puts Mr. Bush at odds with some of his most ardent supporters in the rural South, including cotton and rice growers in Alabama, Arkansas, Georgia, Louisiana and Mississippi.
The new chairman of the Senate Appropriations Committee, Thad Cochran of Mississippi, and more than 100 farm groups are gearing up to fight the White House proposal. The administration's willingness to push the proposal, despite such protests, suggests how tight the new budget will be.
Most of the subsidies are paid to large farm operators growing cotton and rice and, to a lesser degree, corn, soybeans and wheat.
Mr. Bush would set a firm overall limit of $250,000 on subsidies that can now exceed $1 million in some cases.
|
|||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
|
Recent Comments
sandiego relaestate
Max123
sandiego relaestate
Max123
sandiego relaestate
Max123
Re: Out on a limb
quit smoking
Re: Ignatius and Zakaria - new WaPo joint venture
quit smoking
sandiego relaestate
Max123
sandiego relaestate
Max123
Recent Articles
Great minds and all thatnadezhda (0)   Sep 21 This Turkey Won't Fly nadezhda (2)   Sep 21 One picture says it all nadezhda (0)   Aug 8 Obama's exercise in rhetoric nadezhda (0)   Jul 24 Obama Grand Tour and McCain Circus Roundup nadezhda (1)   Jul 21 Biden has Obama's Afghan back = update - and the Pentagon too nadezhda (0)   Jul 17 Bush's Pakistan-Afghanistan-Iran "legacy" - updated nadezhda (0)   Jul 17 Then WTF is a "bail-out"? nadezhda (1)   Jul 16 Blogging making reporters more relevant nadezhda (0)   Jun 18 Ignatius and Zakaria - new WaPo joint venture nadezhda (1)   Jun 16 Reasserting US Hegemony: Russian rollback, Chinese containment and Iranian regime change nadezhda (0)   May 8 What's up nadezhda (0)   Apr 22 A "paddling" of lame ducks? nadezhda (0)   Apr 22 Voices of the New Arab Public nadezhda (0)   Dec 31 Time for a post-post-9/11 world? nadezhda (0)   Dec 21 Search
Public Views
Politics for Junkies
NetNews with a View
Media Watch
This Month
Month Archive
|
Let the Kabuki Begin!
by
praktike
at 10:03PM (EST) on February 5, 2005 | Permanent Link
I am soooo not falling for this:
No comments found.
Trackbacks
TrackBack URL: Weblogs that reference this article:
|
||||||||||||||||||||||||||||||||||||||||||||||||||||||||||

