farm subsidies

11:11am

Tue June 5, 2012
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Tennessee Farmers "Resigned" to Subsidy Changes

WASHINGTON (AP/WMOT) — A program that puts billions of dollars in the pockets of farmers may disappear soon with hardly a protest from Tennessee farm groups and politicians.

As early as today, the U.S. Senate could begin debating a five-year farm and food aid bill that would save $9.3 billion by ending direct payments to farmers. The details are still to be worked out. But there's rare agreement that fixed annual subsidies of $5 billion a year for farmers are no longer feasible in this age of tight budgets.

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