"The 2012 Farm Bill will be hotly debated in Congress over the next year as members look to cut wasteful spending from the federal budget. Since the Great Depression, lobbying by farmers has proved particularly lucrative but has threatened to detach agriculture from the goal of efficiently producing food for consumers. Today, farm policy consists of an array of subsidies, regulations, spending programs, and land-use restrictions that are widely blamed for the increased cost of food, environmental degradation, fiscal burdens, and the failure of global trade negotiations. These inefficient and outdated policies, subsidized by US taxpayers in the 2008 Farm Bill at a cost of $307 billion, are once again up for approval.
AEI has commissioned academics with extensive knowledge of agricultural policy from all over the country to write papers on specific aspects of the Farm Bill, including their recommendations for reform"..........READ MORE
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