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Taxpayers Lose on Shallow Loss Entitlement

This week, I decided to research the Farm Bill to write a little bit about some of the “reforms” House Republicans who support the bill are so proud of. The CBO estimates savings of $35 billion over the next ten years (vs. the current baseline). The CBO is also notorious for underestimating costs, and it looks like this time won’t be any different. 

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Blog

Taxpayers Lose on Shallow Loss Entitlement

This week, I decided to research the Farm Bill to write a little bit about some of the “reforms” House Republicans who support the bill are so proud of. The CBO estimates savings of $35 billion over the next ten years (vs. the current baseline). The CBO is also notorious for underestimating costs, and it looks like this time won’t be any different. 

10/24/2013
Shallow Loss: Another Entitlement Program

If you don’t support the Farm Bill, then you must hate farmers or food stamp recipients, right?  Actually, this is not the case, at all; in reality, if you do not support the Farm Bill, you are one of the Americans who are able to spot a waste of taxpayer money when he or she sees it.  The shallow loss program in this year’s Farm Bill is hardly a better alternative to the previous direct payment plan.  Under the shallow loss program, if farming profits fall below 90% of the previous five year’s average, taxpayers will be responsible for covering the difference.  Currentl

http://d7.freedomworks.org.s3.amazonaws.com/styles/thumbnail/s3/te_social_media_share/fw_default_0.jpg?itok=mX_C44GW
Blog

Shallow Loss: Another Entitlement Program

If you don’t support the Farm Bill, then you must hate farmers or food stamp recipients, right?  Actually, this is not the case, at all; in reality, if you do not support the Farm Bill, you are one of the Americans who are able to spot a waste of taxpayer money when he or she sees it.  The shallow loss program in this year’s Farm Bill is hardly a better alternative to the previous direct payment plan.  Under the shallow loss program, if farming profits fall below 90% of the previous five year’s average, taxpayers will be responsible for covering the difference.  Currentl

05/31/2013