Farm subsidies cost the U.S. government more than $30 billion annually.
The government pays more than 60 percent of the premium for crop insurance for the farmer to the insurance company. This is welfare to the farmers and the insurance companies.
It is time to take a serious look at reducing or eliminating farm subsidies.
As a nation with a national debt of more than $17 trillion and growing, we cannot afford these give-aways. Other countries such as New Zealand have eliminated farm subsidies, and farmers are more productive and efficient and have larger incomes.
Welfare to farmers and insurance companies needs to be brought under control.
It is well past time to eliminate all tobacco subsidies. As a nation, we cannot continue down this path. Tobacco interests have been receiving federal subsidies since 1938.
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