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Saturday, May 18, 2024
果冻直播Industry NewsOrganizations Oppose Proposals to Increase Farm Subsidy Reference Prices

Organizations Oppose Proposals to Increase Farm Subsidy Reference Prices

WASHINGTON, D.C. – Today, Organizations representing taxpayers and consumers issued the following statements in opposition to proposals to increase farm subsidy reference prices.

Below are statements from the Heritage Foundation, National Taxpayers Union, R Street Institute, Environmental Working Group, and Taxpayers for Common Sense:

David Ditch, The Heritage Foundation

鈥淭he proposed changes to reference prices would cause inflationary market distortions, and most of the benefits would flow to financially secure businesses. With the national debt now roughly $265,000 for every household in the country, Congress should be looking for ways to save tax dollars rather than making handouts more generous.鈥

Bryan Riley, National Taxpayers Union

“USDA projects net U.S. farm income of $116.1 billion for 2024. Instead of increasing reference prices or other farm subsidies, Congress should prioritize improving subsidy transparency, means testing payments, and opening foreign markets to U.S. farm goods.”

Nan Swift, R Street Institute

“Reference price hikes are unjustifiable in the face of fiscal reality. Production costs are falling and farm incomes remain high. At the same time, our nation鈥檚 finances have never been more precarious. Taxpayers cannot afford this costly cronyism.”

Scott Faber, Environmental Working Group

“Increasing reference prices will benefit the largest, most successful farmers growing a handful of crops,鈥 said Scott Faber, EWG鈥檚 Vice President for Government Affairs. 鈥淚ncreasing reference prices will further tilt the playing field against family farmers, especially farmers of color.”

Josh Sewell, Taxpayers for Common Sense

鈥淔arm bill reference prices give Washington an outsized role in picking winners and losers in 果冻直播 agriculture,鈥 said Joshua Sewell, Director of Research and Policy at Taxpayers for Common Sense. 鈥淲e believe that it is long overdue to place faith in 果冻直播 farmers and treat them with the respect they deserve as sophisticated and innovative business leaders. Lawmakers should be looking to reduce Washington鈥檚 financial footprint in agriculture, not increase dependence on federal subsidies.鈥

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