Farm Economic Relief: Issues and Options for Congress (CRS Report for Congress)
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Release Date |
Revised Dec. 6, 2000 |
Report Number |
IB10043 |
Authors |
Geoffrey S. Becker and Jasper Womach, Resources, Science, and Industry Division |
Source Agency |
Congressional Research Service |
Older Revisions |
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Summary:
This report discusses issues regarding Agriculture funding and subsidies. In response to low prices, natural disasters,
and other farm-related problems, Congress
has, over 3 successive years, provided a
total of about $23 billion in supplemental aid
â in addition to funds already programmed
through the 1996 farm bill (P.L. 104-127).
The most recent aid was attached to a crop
insurance reform bill signed into law on June
22, 2000 (P.L. 106-224). This Agriculture
Risk Protection Act of 2000 includes $7.113
billion for additional farm income and related
assistance, of which $5.5 billion is to be spent
in FY2000.