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Senate votes to lower commodity subsidy cap (Feb. 8, 2002 – CropChoice news) – The U.S. Senate yesterday voted to cap government agricultural commodity subsidies to farmers at $275,000 per year, per farm, down from the present limit of $460,000.
The Senate’s 66-31 vote (S. 1731) to limit the subsidies comes after the Environmental Working Group last year launched an online database revealing the amount of money that farmers had received from the government (http://www.ewg.org/farm ).
Part of the reason for the cap, Sens. Charles Grassley, R-Iowa, and Byron Dorgan, D-N.D., told the Associated Press was to stop what they saw as a negative effect of the subsidies: increasing land prices that have pushed small- to mid-size family farm operations out of business.
For more information, go to the Senate Agriculture Committee website at http://agriculture.senate.gov
Source: AP
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