The Wall Street Journal
06/22/12 Damain Paletta &
Janet Hook
“Senate Passes Farm Bill that Curtails Aid”
The Senate passed a sweeping package of farm and
nutrition-assistance programs that would reduce spending by billions of dollars
partly by ending direct subsidies to farmers, setting up a showdown with House Republicans
who have demanded steeper spending cuts in exchange for their support.
The legislation with a total cost of about $1 trillion over
10 years would end the two-decade-old program that sends $5 billion to farmland
owners and investors each year-roughly one-third of total U.S. farm
subsidies-regardless of whether they raise crops. The also would expand the federal crop
insurance programs, which offers subsidies to farmers and insurance companies,
through lawmakers agreed this week to curtail assistance for larger farms.
The largest item in
the Senate package is the projected $768 billion 10-year outlay for the Supplemental
Nutrition Assistance Program, Commonly Known as food stamps, which helps
low-income families purchase food. The new law makes some minor changes to
the program such as preventing lottery
winner and certain college student from collecting benefits, shaving costs
by $4.5 billion over 10 years. But it
largely leaves the structure of the program intact.
Senate Agriculture Committee Chairwoman Debbie Stabenow (D.,
Mich) said the SNAP funding was necessary to help “families who have fallen on hard times”.
The number of Americans receiving SNAP aid has surged the
past five years, in part because of the lingering impact of the recession and
also because many states have eased eligibility rules. The Congressional
Budget Office said 45 million people received close to $80 billion of SNAP
benefits in 2011, up 70% from 2007.
House lawmakers have voted to cut SNAP spending by an additional
$30billion over 10 years, mostly by limiting eligibility and some have called
for giving control of the program to the states.
Common Sense Review
Where to begin… First when the majority of the funding in a
Farm Bill goes to food stamps, it is not a Farm Bill it is Food stamp bill. It is ridiculous that
lawmakers think the citizens don’t get it.
Now you have giving 75% of the funding to the Food Stamp
program, if there is a weather issue that damages crop, food prices go up. I am glad the poor are covered while the rest
of us pay the increased price.
Yet the most interesting part of the article is Chairwoman
Debbie Stabenow statement regarding the necessity to increase in the SNAP
program is to help “Families who have fallen on hard times”… Debbie don’t you
mean the hard times that have fallen on
the people. This is followed by the
CBO’s note that 45 million people received close to $80 billion of SNAP
benefits in 2011, up 70% from 2007.
Gee, Debbie (the great savior of Michigan) did you vote for
the bills that slammed this “Hard Times” on to the people?…
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