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Trade Adjustment Assistance for Farmers (CRS Report for Congress)

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Release Date Aug. 2, 2002
Report Number RS21182
Report Type Report
Authors Geoffrey S. Becker, Resources, Science and Industry Division
Source Agency Congressional Research Service
Summary:

The 107th Congress in late July and early August 2002 cleared for the President's signature a wide-ranging trade bill ( H.R. 3009 ) that includes reauthorization and expansion of trade adjustment assistance (TAA) programs for workers and firms. One TAA provision authorizes a new $90 million annual program for agriculture, aimed at addressing low farm prices caused at least partly by imports. Among the issues is the need for a new program designed specifically for farmers in ranchers, particularly after Congressional approval, earlier in 2002, of a comprehensive 6-year farm bill that significantly expands farm commodity support. This report will be updated if events warrant.