Setting the stage for a contentious congressional debate over farm subsidies, a House panel voted unanimously yesterday to extend for five years the current system of payments to farmers and rejected a series of proposed changes. The action left in place the system of income supports and guaranteed prices that has cost taxpayers more than $70 billion since 2002. (Washington Post, Wednesday)
It's too soon to expect farmers to stand on their own two feet.
FEE Timely Classic
Just Say No to Farm Subsidies by Lawrence W. Reed