Friday, February 8, 2013

US Debt Reduction Sequester Spending Solution #4: Eliminate Subsidies to Large Corp Agribusiness

Consistent with the Obama Administration, my first recommendation here is to implement a $250,000 farm commodity payment maximum limitation so that we help family farmers, but not large corporate agribusiness.

And also consistent with the Obama Administration, my second recommendation here is to close the loophole that allows megafarms to get around the maximum limitation by subdividing their operations into multiple paper corporations.

Given the $16 trillion of US Debt, this is a fair way to reduce US Government spending.