Saturday, December 15, 2007

Farm bill keeping subsidies is OKd in Senate

Taxpayer groups, environmentalists and doctors have all pledged to try to change the legislation, for different reasons. Bush has threatened a veto.

By Nicole Gaouette , Los Angeles Times Staff Writer, December 15, 2007

WASHINGTON — The Senate on Friday approved a farm bill that would continue to funnel billions of dollars in subsidies to wealthy landowners and farmers who are earning record-breaking prices for their crops, rebuffing a concerted campaign by some senators to shift money to conservation, nutrition and deficit reduction.The bill has drawn a veto threat from President Bush, who has criticized the subsidy payments and the creation of a $5-billion permanent disaster fund.The White House has an unlikely set of allies in taxpayer groups, environmentalists, physicians and rural community advocates who tried vigorously to change the bill's priorities. They pledged to continue lobbying as the House and Senate now try to reconcile the differences in their respective bills. (To continue: Farm Bill... )

My Commentary
This is a bad bill and President Bush should veto it. It continues to subsidize wealthy gentlemen farmers and produces an excess of crops we don't need and drives up food prices. See my previous analysis: We Should Not Subsidize Factory Farm.

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