Saturday, May 21, 2011

Liberals and conservatives agree!

One portion of the federal budget is the target of both liberal and conservative budget cutters.  Five billion dollars a year is spent on direct payment to growers (don’t call them farmers), most of which goes to soybean, wheat, and soybean producers.  Corn ethanol subsidies of 45 cents per gallon add up to another $5 billion.  Rep. Paul Ryan opposes this; so does Sen. Richard Durbin of Illinois.  I doubt if efforts to end these subsidies will succeed, however.  The corporate growers and wealthy fat-cat operators who collect these subsidies provide large campaign contributions and have immense political clout.r
I can tell you this--none of those subsidies are directed to guys who raise chocolate habañero hot peppers in Carbon County, Pennsylvania.

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