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06-21-2012, 08:13 PM
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Location: Tejas
1,816 posts, read 1,013,080 times
Reputation: 1501
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New farm bill passed
Senate passes massive farm bill - CNN.com
Anyone know the "small print" in a concise few paragraphs? Major media outlets are not good at explaining all the "attachments" to bills or all the "unintended consequences".
Thanks!
OD
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06-21-2012, 08:30 PM
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Location: Keosauqua, Iowa
3,580 posts, read 2,484,914 times
Reputation: 3235
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I thrilled that the direct subsidies are gone.
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06-22-2012, 02:21 PM
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19,448 posts, read 20,542,451 times
Reputation: 6930
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They 'cut' and 'cut' so much with this new Farm Bill, by adding 73 more amendments onto the bill, we will go from spending $500 Billion on the Farm Bill, to spending $969 Billion.
It is funny how making cuts means that you double the price of something.
I read where the Congressional Budget Office has estimated that the 2008 Farm Bill would actually spend $604 Billion. [So the $500 Billion guess seems to have been in error to begin with].
So if legislators say this new one has been cut down to only $969 Billion, does that mean the accountants will find that its actually costs will be more like a Trillion and a third dollars?
Is this how cuts normally work when we are in a Recession - Depression and dying from debt-load?

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06-22-2012, 03:16 PM
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Location: Tejas
1,816 posts, read 1,013,080 times
Reputation: 1501
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Quote:
Originally Posted by forest beekeeper
They 'cut' and 'cut' so much with this new Farm Bill, by adding 73 more amendments onto the bill, we will go from spending $500 Billion on the Farm Bill, to spending $969 Billion.
It is funny how making cuts means that you double the price of something.
I read where the Congressional Budget Office has estimated that the 2008 Farm Bill would actually spend $604 Billion. [So the $500 Billion guess seems to have been in error to begin with].
So if legislators say this new one has been cut down to only $969 Billion, does that mean the accountants will find that its actually costs will be more like a Trillion and a third dollars?
Is this how cuts normally work when we are in a Recession - Depression and dying from debt-load?

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Are you surprised though?
Thanks for pointing this out.
OD
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06-22-2012, 03:32 PM
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19,448 posts, read 20,542,451 times
Reputation: 6930
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Quote:
Originally Posted by ognend
Are you surprised though?
Thanks for pointing this out.
OD
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Well, at a time when our nation seems ready to collapse from debt-load. It does seem odd that making so many 'cuts' results in near doubling the cost of a program.
Surprised?
I guess not.
If 'pro' is good, and 'con' is bad; then we have Pro-gress vs. Con-gress.
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06-22-2012, 03:54 PM
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833 posts, read 316,179 times
Reputation: 660
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Why is the farm bill not being cut steep enough ?
Because 80 percent of the farm bill spending goes for nutritional aid"
1 of 6 people now have the govt feeding them $$$$$$$$$$$$$$
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06-22-2012, 04:51 PM
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19,448 posts, read 20,542,451 times
Reputation: 6930
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Today's version of bread-lines is 700+ Billion in food stamps.
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06-22-2012, 07:06 PM
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Location: Not where you ever lived
9,287 posts, read 9,494,908 times
Reputation: 4311
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If the Farm Bill was cut too much we would be buying the majority of our food from Canada.
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06-22-2012, 07:34 PM
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19,448 posts, read 20,542,451 times
Reputation: 6930
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A quick google told me that in '11 we spent $78 Billion on food stamps to feed 45 Million people [roughly 15% of our nation].
By budgeting $700 Billion means that congress expects the bread lines to soon be feeding 400 Million. Which is greater than the documented population of our nation.
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