First Trim the Fat: Ryan Budget and Agricultural Cuts

With Rep. Paul Ryan (R-WI) releasing his budget this week, the following blog post from agricultural economist Vincent Smith is particularly pertinent (full text below).

The Ryan proposal would cut agriculture subsidies by $30 billion over the next ten years, $7 billion more than the congressional agriculture committees thought they would have to loose in a new farm bill. Yet, Smith notes that this cut "is only a small step in the right direction, although Ryan should be applauded for putting crop insurance subsidies back on the budget-cutting table."

Vince Smith is a co-director of the American Enterprise Institute's agricultural policy initiative and a professor at Montana State University. He is available for interviews and can be reached at [email protected].

Find out more about AEI's American Boondoggle: Fixing the Farm Bill project.

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