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Congress Guarantees a Bumper Crop

Aug 9th, 2007 -

The fight to end farm subsidies lingers on.
Last week, the House of Representatives passed the 2007 Farm Bill, a five-year "overhaul" of agricultural policy that House Speaker Nancy Pelosi (D-Calif.) lauded as representing "a new direction." But as much as Democrats have heralded the bill's supposed reforms, even the lightest reading shows that it represents more of the same - a flawed, wasteful approach to agricultural policy.
The House Farm Bill allocates $286 billion over...

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