2012 $500 Billion Farm Bill Cuts Food Assistance And Subsidizes $90 Billion In Farm Insurance.

Why don't we hear more about the 1000 page 2012 $500 Billion Farm Bill from the lame stream media? Well it's complicated and the lazy lame stream media ain't in to complicated.

Currently you can go to the Environmental Working Group (EWG) website and access their Farm subsidy data base and find the names of folks receiving farm subsidies and how much they have received. However when it comes to finding the names of the folks receiving taxpayer-funded crop insurance premium subsidies, you can't. Why federal law prohibits taxpayers from knowing which specific farm businesses receive million-dollar subsidies.

There are more than 10,000 individual farming operations receiving federal crop insurance premium subsidies ranging from $100,000 to more than $1 million apiece and federal law keeps us from knowing who they are and where our tax dollars are going. Our federal government protects these rich farm operations by replacing their names with policyholder IDs. Transparency? I don't think so.

The good news is:

Washington, D.C. – Sens. Mark Begich, D-Ark., and John McCain, R-Ariz., have introduced an amendment to the Senate farm bill that would make public the names of the individuals who benefit from taxpayer-funded crop insurance premium subsidies.

“We applaud Senators Begich and McCain for offering this common sense proposal to lift the veil of secrecy from crop insurance subsidies,” said Scott Faber, Environmental Working Group vice president for government affairs. “Taxpayers and policymakers need to know who benefits from a $90 billion subsidy program that provides millions of dollars each year to some of the nation’s most successful businesses.”

Last year, 26 policyholders each received more than $1 million in premium subsidies and more than 10,000 policyholders each received $100,000 or more, according to an EWG analysis. Yet the names of these recipients have been kept secret from taxpayers.

The Begich-McCain amendment would lift the veil of secrecy that has protected the recipients’ identities for more than a decade.

“Crop insurance may still be a secret safety net for some, but the names of subsidy recipients should not be a state secret,” added Faber.

Then we have Democrat Debbie Stabenow saying when the government pays for 62 percent of the cost of obtaining crop insurance, it's not a subsidy, it’s “discount.”  Well Debbie Stabenow 62 percent of $90 billion is a lot of money to handout to folks that want to keep their names secret. You can call it what you want, but in all reality it's a subsidy. We know what a subsidy is and so do you Debbie.

Fun and games with food stamps. The 2012 farm bill includes a $4.5 billion cut in the Supplemental Nutrition Assistance Program (SNAP). Sen. Kirsten Gillibrand (D-N.Y.) has proposed restoring the $4.5 billion in cuts by reducing funds for crop insurance. Good luck with that Kirsten (snark).

This 1000 page 2012 Farm Bill is loaded with so much pork it's almost impossible to to comprehend. From popcorn to catfish and mohair, it's simply unbelievable.

For those of you that wish to follow this pork laden bill that is intent on keeping the names of rich mega farmers, that receive billions of our tax dollars as subsidies, secret, I suggest you visit the Environmental Working Group (EWG) website often. You may want to read this also: The five farm bill amendments you should keep an eye on.

Go to KY State Page
origin Blog: 
origin Author: 
Showing 0 comments