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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
  • Premium   Revised Aug. 22, 2000 (16 pages, $24.95) add
  • Premium   June 6, 2000 (18 pages, $24.95) add
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 – 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.