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Senate Gives Farmers A $307 Billion Handout

Date: Friday, May 16, 2008 - 8:26pm
Keywords: George Bush, United States, economics, subsidies
Links: 67 reads

The Senate voted overwhelmingly on Thursday to approve a five-year, $307 billion farm bill, sending it to President Bush for what is expected to be his futile veto.

The 81-to-15 Senate vote, like the 318-to-106 House vote on Wednesday, attracted broad bipartisan support and received far more than the two-thirds that would be needed to override Mr. Bush's veto, should he keep his pledge to wield his pen.

Mr. Bush has said he wants to sharply limit government subsidies to farmers at a time of near-record commodity prices and soaring global demand for grain. Most legislators were not swayed by Mr. Bush's description of the bill as bloated, expensive and packed with "a variety of gimmicks."

Even with the food shortages the farmers must still be having a hard time making ends meet.

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