Congress Just does not get it: Democrats propose $10 billion in new farm subsidies

Farmers who are currently are making record profits are about to get a windfall thanks to a piece of democratically sponsored legislation. Sen. Richard Durban (D-Ill.), Sen. Sherrod Brown (D-Ohio), and Sen. Tom Harkin (D-Iowa) are the sponsors of the new farm subsidy bill that will give farmers $10 Billion in new subsidies. It is shocking that such a bill would emerge as Farmers are making record profits. This bill, The Food and Energy Security Act of 2007 (S.2302) goes to show that Congress just really does not get what the American people expect out of them.

The Washington Post reports,

"Sugar beet and sugar cane growers would get a new program aimed at protecting their share of the U.S. market in the face of an expected surge in Mexican imports. The 10-year cost: about $1.3 billion.

Tucked into the measure is good news for the companies that store and handle the South's peanut crop. The bill partially reinstitutes a program that was discontinued in 2006, allowing the companies to bill the government for some costs they incur under the federal price-support program. The CBO has set a $175 million, 10-year price tag on that."

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