Cuts in Farm Bill won’t Significantly Reduce the Deficit

Cutting spending on new Farm Bill would make tiny dent in deficit, says MU FAPRI economist (From University of Missouri Extension)

EXCERPT: As discussion develops on writing a 2012 Farm Bill and in reducing federal budget deficits, there may be talk of cutting ‘farm subsidies’. “Defenders of current farm programs can point out that farm program spending is a tiny share of federal expenditures,” said Pat Westhoff, director of the Food and Agriculture Policy Research Institute (FAPRI.) “Eliminating all farm programs would hardly make a dent in the budget deficit.”

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