Congress moves to create new farm sub...

Congress moves to create new farm subsidy

There are 12 comments on the WHIO story from Nov 7, 2011, titled Congress moves to create new farm subsidy. In it, WHIO reports that:

Farm-state lawmakers are moving to create a whole new subsidy that would protect farmers when their revenue drops - an unprecedented program that critics say could pay billions of dollars to farmers now enjoying record-high crop prices.

Join the discussion below, or Read more at WHIO.

Wall Street Government

Sebastian, FL

#1 Nov 7, 2011
The subsidy, free insurance that would cover farmers' "shallow crop losses" before their paid insurance kicks in, has been pushed by corn and soybean farmers who could benefit the most from the program. It would replace for the most part several other subsidy programs, including direct payments preferred by Southern rice and cotton farmers. Growers get the direct payments regardless of crop yields or prices. They don't even have to farm.
Federally subsidized crop insurance programs are now costing taxpayers $7 billion to $8 billion despite the biggest farm profits in nearly four decades. The Agriculture Department predicts net farm income by the end of this year till total $103.6 billion, a rise of 31 percent from 2010. The department says this is the highest value since 1974, adjusted for inflation.
enternewid

Magalia, CA

#2 Nov 7, 2011
The Dumocrats are trying their hardest to destroy America!

“i hope we can change this!”

Since: Aug 08

usa

#3 Nov 7, 2011
Wall Street Government wrote:
The subsidy, free insurance that would cover farmers' "shallow crop losses" before their paid insurance kicks in, has been pushed by corn and soybean farmers who could benefit the most from the program. It would replace for the most part several other subsidy programs, including direct payments preferred by Southern rice and cotton farmers. Growers get the direct payments regardless of crop yields or prices. They don't even have to farm.
Federally subsidized crop insurance programs are now costing taxpayers $7 billion to $8 billion despite the biggest farm profits in nearly four decades. The Agriculture Department predicts net farm income by the end of this year till total $103.6 billion, a rise of 31 percent from 2010. The department says this is the highest value since 1974, adjusted for inflation.
"The committee leaders have not yet released the proposal. It is unclear just how the revenue insurance will be crafted and what effort will be made to control its costs."

of course, having ALL the information first, would be out of the question...why, you could lose your standing in the left wing loon society!
plain truth

Hopkins, MN

#4 Nov 7, 2011
enternewid wrote:
The Dumocrats are trying their hardest to destroy America!
This change helps the mostly left leaning "corporate welfare" farmers. ALL these subsidies should be eliminated in my view.
Wall Street Government

Sebastian, FL

#5 Nov 7, 2011
carey529 wrote:
<quoted text>
"The committee leaders have not yet released the proposal. It is unclear just how the revenue insurance will be crafted and what effort will be made to control its costs."
of course, having ALL the information first, would be out of the question...why, you could lose your standing in the left wing loon society!
They get direct payments even if they don't farm.
Directing Billions of taxpayer money to corporate farms, who don't farm.
Controlling cost?
Sounds like a teabagger corporate dream.
Taxpayer nightmare.
Poor teabagger.
bailout my duck

South Elgin, IL

#6 Nov 7, 2011
farms are big business why are they getting welfare?

“FREEDOM”

Since: Dec 08

Bethel NY

#7 Nov 7, 2011
The Bastards already killed us with ETHYNOL,they are getting richer by the minute...we of course pay a lot more for Milk ,Bread and countless other products.

Our food supply,and the worlds..going out up an exhaust pipes.....LOONY MADDNESS!

Many in Government own farms..for the subsidies and tax write offs.

Jimmy Carter was a Peanut Farmer...Look what happened to us when they get power..

These Manure Spreaders are well represented by Sen.Tom Harkin,and Chuck Grassley.....who have channeled BILLIONS to farmers.

Its the LOONY GREEN CRAP thats GOD DAMNING AMERICA!

“i hope we can change this!”

Since: Aug 08

usa

#8 Nov 7, 2011
Wall Street Government wrote:
<quoted text>
They get direct payments even if they don't farm.
Directing Billions of taxpayer money to corporate farms, who don't farm.
Controlling cost?
Sounds like a teabagger corporate dream.
Taxpayer nightmare.
Poor teabagger.
what part of "The committee leaders have not yet released the proposal" confuses you?

the words?
Wall Street Government

Sebastian, FL

#9 Nov 7, 2011
carey529 wrote:
<quoted text>
what part of "The committee leaders have not yet released the proposal" confuses you?
the words?
What part confuses you?
The part that we are reading they haven't released or a plan that isn't a proposal?
Or both.
Poor teabagger.

“your life is great”

Since: Aug 09

you poop in clean water

#10 Nov 7, 2011
FRONTIERSMAN wrote:
The Bastards already killed us with ETHYNOL,they are getting richer by the minute...we of course pay a lot more for Milk ,Bread and countless other products.
Our food supply,and the worlds..going out up an exhaust pipes.....LOONY MADDNESS!
Many in Government own farms..for the subsidies and tax write offs.
Jimmy Carter was a Peanut Farmer...Look what happened to us when they get power..
These Manure Spreaders are well represented by Sen.Tom Harkin,and Chuck Grassley.....who have channeled BILLIONS to farmers.
Its the LOONY GREEN CRAP thats GOD DAMNING AMERICA!
.
The income insurance plan has a diverse group of opponents - environmental groups that have long argued against farm subsidies, conservatives who say the plan won't save the government much and even one of the nation's largest farm groups. The American Farm Bureau Federation says the beefed-up insurance could encourage farmers to make riskier decisions and drive up the price of land.

looks like it's not the green looney's, they seem to be against it.
.
(read the article before you comment)
albian retread

Middletown, IL

#11 Nov 8, 2011
i need help paying foe my new ir conditioned cab wth comuter uplink and surround sound with luxery interior.
bored

Wiggins, CO

#12 Nov 9, 2011
albian retread wrote:
i need help paying foe my new ir conditioned cab wth comuter uplink and surround sound with luxery interior.
be a farmer

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