Thursday, February 6, 2014

WHAT IS CALLED "THE FARM BILL" HAS LITTLE TO DO WITH FARMS & RANCHES


Broken down by year, the bill is expected to cost around $96 billion annually.
Q: Where does most of that money go?
A: Almost 80 percent of the money will go to food stamps for the needy — now called the Supplemental Nutrition Assistance Program, or SNAP. It has more than doubled in cost since 2008 due to the economic downturn, fluctuating food prices and eligibility requirements loosened in the 2009 economic stimulus bill. In 2013, an average of 47.6 million people used SNAP at a cost of $79.6 billion. Around 15 percent of the money in the farm bill is designated for farm subsidies and crop insurance subsidies. The rest would go to conservation, rural development, renewable energy and other farm programs.

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