Current Farm Subsidies
"Mr. Bush signed a farm bill that represents a low point in his
presidency -- a wasteful corporate welfare measure that penalizes taxpayers
and the world's poorest people in order to bribe a few voters"
Street Journal: "Senate and House conferees this week unveiled
their final farm bill, a 10-year, $173.5 billion bucket of slop that
has even Washington agog....Where, we wonder, is the adult supervision?"
- The goal
of federal farm bills since the first one was passed in 1949 has been
to help family farmers stay in business. But according to U.S. Agricultural
Census data, more than 60 percent of U.S. small family farmers aren't
even eligible for subsidies.
- The number
of millionaires receiving farm subsidies rose 28% when Bush took office,
while Ken Lay saw his percentage of total farm subsidies rise by 400%.
- 71 percent
of farm subsidies go to the top 10 percent of subsidy beneficiaries,
almost all of which are large farms. In 2002, 78 farms, none small or
struggling, each received over a million dollars in subsidies. The bottom
80 percent of recipients average only $846 per year. (Source: Environmental
of who is currently getting farm subsidies:
Daniels Midland $36,305
Cascade Corporation $11,024
& Company $12,875
- John Hancock
Mutual Life Insurance $125,975
- Mead Corp
subsidies: Eli Lilly Co, Kimberly-Clark, Navistar, Pfizer, RJ Reynolds
of U.S. citizens oppose subsidies to large farming businesses, according
to a PIPA/Knowledge Networks poll that was conducted with a nationwide
sample of 1,896 respondents from December 19, 2003 to January 5, 2004.