Jun 2, 2008
A 307-billion dollar farm bill passed in Congress last month, with a huge margin of both Democrats and Republicans voting for it.
One important part of the farm bill is continued subsidies to the big corporate farms. Subsidies were increased for wheat and soybeans, and several new crops were added to the list.
Does Congress know that food prices have never been higher? That net farm income for agribusiness is up over 50%, while working people pay more and more for basic necessities?
Of course they do.