Statement of Chuck Hassebrook regarding House Agriculture Committee’s Farm Payment Limits Proposal

Release Date: 

06/15/2007

Contact(s): 

Chuck Hassebrook, chuckh@cfra.org, (402) 687-2103 ext 1018, or; John Crabtree, johnc@cfra.org, (402) 687-2103 ext 1010
LYONS, NE – The proposed payment limitation provisions released last night by Chairman Peterson create the illusion of reform, but in reality change nothing other than the paperwork.
“Closing one gate but leaving three open won’t keep the hogs out of the trough,” said Chuck Hassebrook, Executive Director of the Center for Rural Affairs.  “If this becomes the language of the final 2007 farm bill, rural America will be forced to endure another half decade of subsidized destruction of family farming.  Congress must not pass another farm bill that decimates family farming.”

According to the Center for Rural Affairs, Peterson’s proposal to attribute corporate payments to shareholders is a needed reform, but only works in concert with other reforms.  Adopted in isolation, it would require some legal restructuring by mega farms that now form multiple corporations to avoid the limit.  But they could still avoid the limits by dividing the farm between spouses or funneling payments through friends, family members and other paper partners.

“The Chairman’s payment limitation proposal is false, hollow reform – designed to make it appear as if mega-farm subsidies are being reduced when they are not,” added Hassebrook.

 

Get the Newsletter