Fixing the 2012 farm bill: Where do we go from here?
The fiscal costs of Price Loss Coverage in the 2012 farm bill

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In an engaging presentation at the Longworth House of Representatives Office Building on Wednesday, leading agricultural economists examined the budget implications of two programs contained in the House Agricultural Committee’s proposed 2012 farm bill, reflecting a recently released AEI American Boondoggle working paper. Barry Goodwin of North Carolina State University began by explaining how farm households have benefitted from high crop prices and government assistance, now earning more than the median U.S. household and carrying very low debt-to-asset ratios relative to other business sectors.

Vince Smith of Montana State University and AEI then alleged that the Congressional Budget Office's scoring of the Price Loss Coverage and Supplementary Coverage Option provisions fails to examine scenarios under which crop prices fall to recent historical average levels. In this scenario, he cautioned, the costs of these programs would balloon to $20 billion annually, drastically exceeding those of the direct payments program they would replace.
--Brad Wassink

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Vincent H.
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Tuesday, September 16, 2014 | 5:00 p.m. – 6:00 p.m.
The Constitution as political theory

Please join us for the third-annual Walter Berns Constitution Day Lecture as James Ceasar, Harry F. Byrd Professor of Politics at the University of Virginia, explores some of the Constitution’s most significant contributions to political theory, focusing on themes that have been largely unexamined in current scholarship.

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Wednesday, September 17, 2014 | 8:10 a.m. – Thursday, September 18, 2014 | 1:30 p.m.
Third international conference on housing risk: New risk measures and their applications

We invite you to join us for this year’s international conference on housing risk — cosponsored by the Collateral Risk Network and AEI International Center on Housing Risk — which will focus on new mortgage and collateral risk measures and their applications.

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Thursday, September 18, 2014 | 2:15 p.m. – 3:00 p.m.
Speaker of the House John Boehner on resetting America’s economic foundation

Please join us as Speaker John Boehner (R-OH) delivers his five-point policy vision to reset America’s economy.

Friday, September 19, 2014 | 9:15 a.m. – 11:00 a.m.
Reforming Medicare: What does the public think?

Please join us as a panel of distinguished experts explore the implications of the report and the consumer role in shaping the future of Medicare.

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