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Obama to remove ag finance?

TSR

Well-known member
andybob said:
http://www.fwi.co.uk/community/forums/obama-singles-out-agriculture-27100.aspx

Bush tried to curtail payments to conglomerate agribusinesses but met with resistance some of which was from his own party. One that I recall was Sen. Shelby.
 

Mike

Well-known member
On his change.gov transition website, President-elect Obama promises to "Fight for farm programs that provide family farmers with stability and predictability. Implement a $250,000 payment limitation so we help family farmers -- not large corporate agribusiness. Close the loopholes that allow mega farms to get around payment limits."

Cutting subsidy payments at $250,000 was the same level sought by President Bush (and overridden by Congress with Obama's help).

I guess it's sorta hard for Zer0 to make up his mind? :lol:
 
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