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Two months ago, the House adopted a budget resolution that outlines the Republican majority's ambitious plans to slow the growth of federal entitlement spending. If implemented properly, entitlement spending restraint can address the long-term fiscal imbalance in a way that promotes economic growth and freedom.
The Agricultural Adjustment Act of 1933 introduced many of the Farm Bill provisions that remain present today, including precursors to the current food and nutrition programs (FANPs). This policy served multiple purposes, including enhanced demand for farm products to alleviate low farm income and reduce agricultural surpluses, and enhanced food security and improved nutrition for the poor.
No one knows whether there will be a 2012 farm bill, but we do know that it there is one, nutrition programs -- food stamps, school lunches, WIC, etc. -- will take up the lion’s share of farm bill funding, well in excess of $90 billion a year. But is the funding serving the neediest Americans? Find out on Thursday at AEI.
President Obama promised that the brunt of any financial reckoning will fall mostly only on those making more than $250,000 annually. Under his healthcare plan, the economic agony starts at income levels that fall much lower than that.
Dan Sumner, Barry Goodwin and Vincent Smith, co-directors of the AEI 2012 Farm Bill Initiative, will discuss the ways that reducing farm subsidies can contribute to federal deficit reduction and debt control and improve the efficiency of American agriculture without affecting the security of the U.S. food supply chain.
Philip G. Pardey of the University of Minnesota will explain why investment in R&D is so important for increasing agricultural productivity and keeping food prices low.
There’s good reason to believe the relationship between Romney and the Tea Party-driven congressional Republicans will be exceptional only in the severity of its uneasiness. This is not an example of passionate matrimony, but a mere wedding of convenience—and it’s safe to say the honeymoon won’t last long.
The average American would believe that the nation's need for substantial nuclear fuel, oil, natural gas, and coal will soon be a distant memory, based on the Obama administration's strident emphasis on developing "alternative" energy sources. The reality, however, is quite different.






