Would farmers really veto the farm bill? You wouldn't think so, given how all the critics believe the thing is a big fat handout for everybody. John McCain is the latest to condemn the plan. A wire story outlining his dissent, which appeared in the Washington Post today, included mention of the Agriculture Online poll that shows farmers in favor of a presidental veto.
Dan Looker, Successful Farming business editor who covers the farm bill for Agriculture Online, gives these reasons for farmer disfavor for the legislation:
* They agree with President Bush and Senator Grassley that more reform is needed by lowering the adjusted gross income to $200,000.
* They might believe it spends too much on food stamps (a sure bet before the current food price inflation but I’m not so sure now).
* The safety net of marketing loans and countercyclical payments in the farm bill is irrelevant in today’s market.
* Continued direct payments are irrelevant in today’s market.
* Continuing the conservation reserve program makes no sense in today’s market.
What's your theory? Take the poll and add your own comments.
Tuesday, May 20, 2008
Why many farmers would veto farm bill
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