“Every year Obama has proposed a budget,” says Max Finberg, Director of the Center for Faith-based and Neighborhood Partnerships at the U.S. Department of Agriculture, “and every year he’s proposed eliminating direct payments to farmers as one of those subsidies, and every year that’s gone nowhere.” There are also several bipartisan proposals being considered to address the more severe agricultural subsidies currently in place.
“The reality is our farmers and ranchers do need some sort of safety net. In order for us to eat, we need food.” Because American agriculture is so safe, cheap and productive, it has vast national and international significance and has to be protected from natural disasters and anything else that threatens it. But the administration is attempting to revise the current subsidies and trade pacts that need to be addressed.
Click here to read about agricultural subsidies on Wikipedia.
From The Justice Conference 2012.