Wednesday, June 13, 2012

Farm Bill 2012 - #3967 - A Big Government Nightmare - Massive Spending-$969B over 10 Years - Restrictions on Raising Chickens - Price of Eggs Will Skyrocket - Townhall

Every vote in Congress can be viewed as an opportunity to either increase liberty or increase government. Right now, the Senate appears poised to choose the latter as they prepare to vote on the 2012 Farm Bill. The 1,000-page bill that Senators Debbie Stabenow and Pat Roberts are pushing through the Senate is chock full of massive spending, new entitlements, and new regulations. With corporate welfare and generous subsidies thrown in for good measure, the bill reflects everything wrong with out-of-control government. No wonder Congress is sporting a 17 percent approval rating these days. The farm bill is another in a long line of government boondoggles that simply builds on the big expenditures of a previous bill. The CBO estimates that the 2012 farm bill will up spending to $969 billion over the next ten years. Locking in at those levels in the midst of a debt crisis and credit downgrade is beyond fiscally irresponsible. Overall, the Senate farm bill punts on the opportunity to contribute to deficit reduction and shows a startling lack of political courage.......“The current average debt-to-asset ratio in the farm sector is less than 9 percent and has been declining steadily over the past decade. Moreover, farms fail at a rate of less than one in two hundred a year, and, from a financial perspective, farms are better placed than almost any sector of the economy to handle year-to-year variations in revenues and costs by themselves. Besides entitlements, however, the farm bill is packed with out-of-control regulations. The Eggs Products Inspection Act Amendment, introduced by Senator Feinstein, is one of the clearest examples. It looks to create national standards for the housing and care of egg-laying hens, and opens the door for bureaucrats to control the way that farmers operate their businesses. Some examples of the absurdity: “The term ‘adequate environmental enrichments’ means adequate perch space, dust bathing or scratching areas, and nest space, as defined by the Secretary of Agriculture, based on the best available science, including the most recent studies available at the time that the Secretary defines the term. The Secretary shall issue regulations defining this term not later than January 1, 2017, and the final regulations shall go into effect on December 31, 2018.  Read entire article....... Senate Contact List.......

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