White House Eyes Farm Payment Cuts

By: Associated Press
By: Associated Press

WASHINGTON (AP) - The White House is looking to cut 18 billion dollars in farm payments over the next five years.

Officials say they're not trying to make major changes to the farm subsidy program. But the administration would like to do away with payments to wealthy producers. It also proposes capping subsidies to those making under 200-grand a year in adjusted gross income.

The current farm bill expires at the end of the year. The plan being proposed today would cost roughly 18 billion dollars less.

Alabama Agriculture Commissioner Ron Sparks is scheduled to fly to Washington, DC, next month to begin work on farm policy with other state commissioners. He said federal programs often determine whether farmers make a profit. Agriculture is the Alabama's largest
industry.

(Copyright 2007 by The Associated Press. All Rights Reserved.)


WTVY-TV 285 N Foster Street Dothan, AL 36303 334-792-3195
Gray Television, Inc. - Copyright © 2002-2014 - Designed by Gray Digital Media - Powered by Clickability 5432501 - wtvy.com/a?a=5432501