Obama to Sign Faulty Farm Bill That Screws the Pooch for Poor Americans

The unmitigated bad news is that on farm policy, Congress delivered a thinly veiled repackaging of agribusiness as usual. Yes, the bill axes the $5 billion in “direct payments” now allotted annually to farmers of commodity crops like corn and soybeans. But it replaces that system with a highly subsidized insurance scheme that amounts to a very similar thing in new packaging.




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