US Senate votes to end some farm subsidies - KWWL - Eastern Iowa Breaking News, Weather, Closings

US Senate votes to end some farm subsidies

Posted:
WASHINGTON, D.C. (KWWL) -

Democrats and Republicans are in rare accord on one thing: growers with million-dollar incomes shouldn't reap farm subsidies.

Eighty-four senators voted Friday to discontinue certain farm subsidies for people who make more than a million dollars in adjusted gross income.  The vote represents a change in how the heavily rural Senate views farm support.  Many previous votes to limit subsidies have failed in the Senate.

Direct payments are the subsidy targeted in Friday's vote.  They have long been criticized because they are paid regardless of crop prices and yields, unlike more insurance-like programs that kick in when prices drop or crops are damaged.

Leaders of the House and Senate Agriculture committees are looking at getting rid of direct payments altogether, shifting some of the aid to other programs.

Powered by Frankly