The House is expected to take up its farm bill this week. As it does, legislators should bear in mind the excessive costs of the bill. The Congressional Budget Office (CBO) projected the last farm bill, in 2008, to cost $604 billion. The new House farm bill is projected to cost a whopping $940 billion. This is 56 percent more than the 2008 farm bill. If this wasn’t bad enough, the actual costs will likely be much greater, just like the actual costs of the 2008 bill.
Saturday, June 15, 2013
Farm Bill 56 Percent More Costly Than Last
The Foundry reports: