When a new farm bill seemed to have cut farm subsidy programs way back in 2014, the conservative American Enterprise Institute calculated that the measure could cost taxpayers $15 billion more per year than the crop programs it replaced, much of it going to the wealthiest farmers and the crop insurance industry. The AEI called the farm bill a “bait and switch” scheme and the product of “beggar thy neighbor cronyism.” And that was from a pro-business organization.
Source: Los Angeles Times May 28, 2019 22:43 UTC