(CNN) Provisions inside the delayed House farm bill would roll back restrictions on the wealthy obtaining federal farm subsidies, as well as allow extended family members to receive lucrative payments. Last month, the House voted down the farm bill in an embarrassing defeat for Speaker Paul Ryan. How the farm subsidies workSince 2002, Congress has added in multiple means-testing for federal farm subsidies to prevent them from going to the hands of wealthy farm-owners. In practice, this would mean that with a simple accounting trick, billionaire farm owners would once again be eligible for lucrative farm subsidies. Faber was more succinct: "Ancestry.com should not be in charge of who is eligible for farm subsidies."
Source: CNN June 04, 2018 10:07 UTC