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House panel votes to ban subsidies to millionaire farmers

JeffWartman

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This isn't the end, but it's a step in the right direction: to permanently end farm subsidies across the board

Millionaire farmers could lose subsidies
By MARY CLARE JALONICK, Associated Press Writer
Wed Jul 18, 7:46 PM ET

WASHINGTON - The House Agriculture Committee voted Wednesday to ban federal subsidies to farmers with incomes averaging more than $1 million a year and stop farmers from collecting payments for multiple properties. Only farmers whose incomes exceed $2.5 million a year are now disqualified from such aid.

Full story: http://news.yahoo.com/s/ap/20070718/ap_on_go_co/congress_farm_bill
 

Mr.Conley

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It's a small step in the right direction.
 

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