Harkin aims for tougher subsidy reform

AUGUST 1ST, 2007 | Harkin for Senate

WASHINGTON (AP) – Iowa Senator Tom Harkin predicts that a Senate farm bill will be tougher on limiting payments to farmers than a version the House passed last week.

Harkin, a Democrat, is chairman of the Senate Agriculture Committee.

The House bill would ban subsidies to farmers whose income averages more than one million dollars year, down from the current limit of $2.5 million. Some say the move is meaningless, since it will only affect about 7,000 farmers.

It also would stop farmers from collecting payments for multiple farm businesses.

Some senators, including Harkin, support a proposal that would lower the limit on payments to individual farmers from $360,000 to $250,000.

Click here for the original article on WHOtv.com

del.icio.us | digg this | stumble it! | share on facebook