Farm Bill 2012: Stuck in the muck...and what can be done

This week, the House failed to pass a short-term extension of the current farm bill -- possibly for the better as American Enterprise Institute (AEI) agricultural economist Vince Smith explains:

"[R]ight now there is no House Farm bill that is acceptable to a majority of representatives. In addition, the House and Senate bills have very different farm subsidy programs, and propose very different cuts to nutrition programs (smaller in the Senate and larger in the House bill). And both bills have farm subsidy provisions that could be very expensive for taxpayers while mainly benefiting large and wealthy farm household… the farm lobbies would all like to see a new farm bill before the end of September, because they fear that a post-election farm bill really would mean substantial cuts to farm subsidies…From a taxpayer’s perspective…Congressional inaction that would delay the development of new farm bill legislation until after November 6 would probably be a good thing."

Read Vince's full update here and find out more information about AEI's American Boondoggle: Fixing the 2012 Farm Bill project at www.aei.org/americanboondoggle.

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].

For additional help, other media inquiries please contact:

TV Jesse Blumenthal [email protected] / 202.862.4870

Radio Michael Pratt [email protected] / 202.862.5823

Print or Web Jesse Blumenthal [email protected] / 202.862.4870, Michael Pratt at [email protected] / 202.862.5823, or Veronique Rodman at [email protected] / 202.862.4871

Follow @AEInews

Also Visit
AEIdeas Blog The American Magazine
About the Author

 

Vincent H.
Smith

What's new on AEI

In year four of Dodd-Frank, over-regulation is getting old
image Halbig v. Burwell: A stunning rebuke of a lawless and reckless administration
image Beware all the retirement 'crisis' reports
image Cut people or change how they're paid
AEI on Facebook
Events Calendar
  • 21
    MON
  • 22
    TUE
  • 23
    WED
  • 24
    THU
  • 25
    FRI
Monday, July 21, 2014 | 9:15 a.m. – 11:30 a.m.
Closing the gaps in health outcomes: Alternative paths forward

Please join us for a broader exploration of targeted interventions that provide real promise for reducing health disparities, limiting or delaying the onset of chronic health conditions, and improving the performance of the US health care system.

Monday, July 21, 2014 | 4:00 p.m. – 5:30 p.m.
Comprehending comprehensive universities

Join us for a panel discussion that seeks to comprehend the comprehensives and to determine the role these schools play in the nation’s college completion agenda.

Tuesday, July 22, 2014 | 8:50 a.m. – 12:00 p.m.
Who governs the Internet? A conversation on securing the multistakeholder process

Please join AEI’s Center for Internet, Communications, and Technology Policy for a conference to address key steps we can take, as members of the global community, to maintain a free Internet.

Thursday, July 24, 2014 | 9:00 a.m. – 10:00 a.m.
Expanding opportunity in America: A conversation with House Budget Committee Chairman Paul Ryan

Please join us as House Budget Committee Chairman Paul Ryan (R-WI) unveils a new set of policy reforms aimed at reducing poverty and increasing upward mobility throughout America.

Event Registration is Closed
Thursday, July 24, 2014 | 6:00 p.m. – 7:15 p.m.
Is it time to end the Export-Import Bank?

We welcome you to join us at AEI as POLITICO’s Ben White moderates a lively debate between Tim Carney, one of the bank’s fiercest critics, and Tony Fratto, one of the agency’s staunchest defenders.

No events scheduled this day.
No events scheduled this day.
No events scheduled this day.
No events scheduled this day.
No events scheduled this day.