A cornucopia for rich farmers

Christian Science Monitor
Posted: May 14th, 2008 by Thomas L. Knapp
Author: staff

“What can $100 million buy you in Congress? If you’re agribusiness, such money spent this past year on lobbying and campaign donations will harvest billions in farm subsidies and keep you in clover for another five years. Congress plans to renew the US agriculture law this week with no apologies for that fact that most of the subsidies will go to the wealthiest 10 percent of recipients and that a majority of this largess will enrich commercial farmers with an average income of $200,000. And the ultimate cost to each US household for this congressional cornucopia? About $320 a year in taxes and higher food prices — beyond the already inflated prices at supermarkets.” (05/14/08)

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