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 4/10 Good --- www.wisconsinrapidstribune.com http://www.wisconsinrapidstribune.com/apps/pbcs.dll/misc?URL=/templates/RSSlates
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Wednesday, May 14, 2008 --- 72 days ago http://www.wisconsinrapidstribune.com/apps/pbcs.dll/article?AID=/20080514/WRT010
| WASHINGTON - The farm policy bill before the House contains sham reform on farm subsidies and should be opposed, Rep. Ron Kind said Wednesday.
Kind, D-La Crosse, and Rep. Paul Ryan, R-Janesville, plan to vote against the nearly $300 billion farm bill because it fails to reduce subsidies in a time of high crop prices and does not do enough to keep wealthy farmers and landowners from collecting a particular type of subsidy know as direct payments. Direct payments are based on the past crop-growing history of land and are paid annually regardless of market prices.
Kind and Ryan led a failed effort last year to get the House to include an income cap of $250,000 for farmers to qualify for subsidies. President Bush has said he will veto the farm bill because the income caps included in it are too high. They and allies planned to wage a procedural challenge to the bill on the way the legislations price tag was determined. Supporters say the five-year bill will cost $289 billion while opponents say it is higher.
Under the bill, people with non-farm related income of $500,000 after expenses would not be eligible for subsidies while people with farm-related income of $750,000 after expenses could no longer receive direct payments.
Bush also says negotiators used budget gimmicks to disguise $13 billion in additional spending.
The bill, which includes farm, nutrition, conservation, rural economic development and agric ... |
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