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Farm subsidies face $30 billion cut

The Republican head of the House Budget Committee has proposed cutting agriculture subsidies by $30 billion over the next 10 years as part of a broad effort to slash federal spending, but it remains to be seen whether his ideas will be incorporated in legislation that sets funding for agriculture programs.

From the San Francisco Chronicle:

The Republican head of the House Budget Committee has proposed cutting agriculture subsidies by $30 billion over the next 10 years as part of a broad effort to slash federal spending, but it remains to be seen whether his ideas will be incorporated in legislation that sets funding for agriculture programs.

That legislation is handled by a different committee that's dominated by lawmakers from states where farmers have historically received big government handouts.

The $3.5 trillion budget plan put forward by Rep. Paul Ryan, R-Wis., has grabbed headlines because of its proposed revamps of Medicare and Medicaid and its tax cuts, but it also would reduce spending on agriculture and a wide range of other federal programs. It awaits a floor vote in the House but has no chance in the Democratic controlled Senate. Still, it's framing the budget debate and some of its proposals could make it into other legislation, including the 2012 farm bill.

 

For more, see: Farm subsidies face $30B hit under GOP budget plan

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