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Don't Be Fooled: House Farm Bill Weakens Payment Limits

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Publication Date: July 2007

Publisher(s): Heritage Foundation (Washington, D.C.)

Author(s): Brian M. Riedl

Series: WebMemo

Topic: Agriculture, forestry and fishing (Agricultural economics and farm holdings)

Keywords: Agriculture; ag; payment; crop

Type: Brief

Coverage: United States

Abstract:

If Congress is serious about ending agricultural corporate welfare, it should lower the income cap for subsidies to $200,000, as President Bush proposed, and retain the current payment limits.