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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Monday, October 27, 2014 | 10:00 a.m. – 11:30 a.m.
State income taxes and the Supreme Court: Maryland Comptroller v. Wynne

Please join AEI for a panel discussion exploring these and other questions about this crucial case.

Tuesday, October 28, 2014 | 9:30 a.m. – 12:15 p.m.
For richer, for poorer: How family structures economic success in America

Join Lerman, Wilcox, and a group of distinguished scholars and commentators for the release of Lerman and Wilcox’s report, which examines the relationships among and policy implications of marriage, family structure, and economic success in America.

Tuesday, October 28, 2014 | 5:30 p.m. – 7:00 p.m.
The 7 deadly virtues: 18 conservative writers on why the virtuous life is funny as hell

Please join AEI for a book forum moderated by Last and featuring five of these leading conservative voices. By the time the forum is over, attendees may be on their way to discovering an entirely different — and better — moral universe.

Thursday, October 30, 2014 | 2:00 p.m. – 3:00 p.m.
A nuclear deal with Iran? Weighing the possibilities

Join us, as experts discuss their predictions for whether the United States will strike a nuclear deal with Iran ahead of the November 24 deadline, and the repercussions of the possible outcomes.

Thursday, October 30, 2014 | 5:00 p.m. – 6:15 p.m.
The forgotten depression — 1921: The crash that cured itself

Please join Author James Grant and AEI senior economists for a discussion about Grant's book, "The Forgotten Depression: 1921: The Crash That Cured Itself" (Simon & Schuster, 2014).

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