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Posted on 12/15/2007 8:18:24 PM PST by ddtorquee
This is the section of the Farm bill that just passed the Senate that provides $30,000,000 in taxpayer money to Asparagus growers. S.2302 Food and Energy Security Act of 2007 SEC. 1852. MARKET LOSS ASSISTANCE FOR ASPARAGUS PRODUCERS.
(a) In General- As soon as practicable after the date of enactment of this Act, the Secretary shall make payments to producers of the 2007 crop of asparagus for market loss resulting from imports during the 2004 through 2007 crop years.
(b) Payment Rate- The payment rate for a payment under this section shall be based on the reduction in revenue received by asparagus producers associated with imports during the 2004 through 2007 crop years.
(c) Payment Quantity- The payment quantity for asparagus for which the producers on a farm are eligible for payments under this section shall be equal to the average quantity of the 2003 crop of asparagus produced by producers on the farm.
(d) Funding-
(1) IN GENERAL- Subject to paragraph (2), the Secretary shall make available $15,000,000 of the funds of the Commodity Credit Corporation to carry out a program to provide market loss payments to producers of asparagus under this section.
(2) ALLOCATION- Of the amount made available under paragraph (1), the Secretary shall use--
(A) $7,500,000 to make payments to producers of asparagus for the fresh market; and
(B) $7,500,000 to make payments to producers of asparagus for the processed or frozen market.
(Excerpt) Read more at thomas.loc.gov ...
Dairy, asparagus, peanuts. I’m obviously in the wrong business.
American Farmer = Welfare Queen (Circa 2008)
FReepmail to be added to the Congress Watch Ping List.
ADM........CONagra......US SUGAR........ETHANOL MADNESS.........Milk...............No wonder I can’t afford groceries..........
Only a few politically connected farmers really benefit from the farm subsidy programs. The purpose of farm subsidies almost inevitably devolves into strengthening the existing oligopoly of campaign contributors who (mostly) engage in some agricultural enterprises at the expense of smaller, less politically connected individuals. The Congress and the bureaucracies under their appropriations authorities can use various tactics to ensure the direction of monies from the federal treasuries to certain influential lobbyists and contributors. Such techniques often include cumbersome and selectively unresponsive bureaucracy and labor-consuming red tape that effectively prevents profitable subsidies of smallholders incapable of employing clerks and lawyers to navigate to get the jackpot.
Please add me to your Congress Watch ping list.
Thanks!
secretagent
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