Posted by
Ed Sherrill on Friday, May 16, 2008 3:34:17 PM
It must be getting chilly down below. The New York Times agrees with President Bush that the Farm Bill is egregious.
The legislation preserves an indefensible program of direct payments amounting to about $5 billion a year that flow in good times and bad. It raises support levels for wheat and soybeans, while adding several new crops to the list in a way that will make it easier for farmers to raid the federal Treasury even when prices go up.