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 OBAMA CUTS FARM PROGRAMS

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PostSubject: OBAMA CUTS FARM PROGRAMS   9/29/2011, 5:33 pm

Obama calls for $33 billion cut in farm programs
Posted on September 28, 2011 by Cowboy Byte

President Barack Obama’s plan for deficit reduction would cut $33 billion from farm programs, taking a highly disproportionate amount of federal spending reductions from one of its smallest line items and perhaps stymieing Congress’ efforts to write a workable 2012 farm bill.The agriculture proposals outlined included:

•Eliminating the direct payment.
•Reducing federal government assistance to crop insurance companies and farmers Using crop insurance – reductions that would come on top of $12 billion in cuts to that important program since 2008.
•Reducing conservation spending by $2 billion over 10 years.
•Extending until 2016 the SURE disaster assistance program, which has no money allocated to it after this fiscal year. Continue Reading on westernfarmpress.com
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