The Obama administration’s proposed budget would cut $2.5 billion from farm subsidies. That sounds good, but it would cut subsidies far too slowly – over an entire decade.
And as if that needless delay were not bad enough, the president would let taxpayer-funded subsidies continue flowing to farmers earning up to $750,000 per year.
Do you earn $750,000 a year? If not, do you think your tax dollars should be transferred to people who do?
The fact is, all farm subsidies are unconstitutional – and would be so even if they went only to low-income farmers. But it is especially appalling that wealthy farmers receive such a benefit.