Friday, February 2, 2007

The 2007 Farm Bill

. Friday, February 2, 2007

In case you missed it, the Bush Administration sent its proposed 2007 Farm Bill to Congress earlier this week (this legislation is revised every five years, FAQ on the details is here).

While the administration asserts that the proposal will cut total subsidies by $10 billion, the program is essentially an extension with modifications of the 2002 Farm Bill. Consequently, other WTO members have given the proposal a somewhat skeptical reception. The EU asserts that the proposed cuts are insufficient to promote agreement in the Doha Round. Australia claims the Farm Bill constitutes "reneging" on the promise to resume negotiations made last weekend.

Which is not to suggest that the proposal is immune from criticism by domestic farmers and their representatives in Congress.


Anonymous said...

yay for links that help with my paper!!

Anonymous said...

that was me in the first post, I'm not anonymous! I promise! (it's Megan by the way, in case my name doesn't show up again!)

The 2007 Farm Bill




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