Monday, May 16, 2011
President Obama Calls for Revamping Farm Programs
Washington--In a town hall meeting on CBS’s “The Early Show,” President Barack Obama said it may be time to put a cap on federal farm program payments. “Our system of farm support needs revamping,” he said.
In response to a question from Matt Harsh, a fruit and vegetable farmer, the president said, “Part of what we want to do is to make sure that help is going to family farms in crisis situations. Drought, disaster and so forth, that we're not just giving ongoing subsidies to big agri-business. Which is the way that a lot of our farm programs work right now."
Farm Bureau supports extending the concepts of the 2008 farm bill and backs policy that provides a strong and effective safety net that does not necessarily guarantee a profit, but protects crop and livestock producers from catastrophic occurrences. Farm Bureau opposes income means testing and targeting of benefits applied to farm program payment eligibility.
CBS News Online article