House Republicans Weigh in Against Increasing Reference Prices and Driving Up Inflation in Upcoming Farm Bill
Meanwhile, farm income reached record highs,” said Joshua Sewell, Director of Research & Policy, Taxpayers for Common Sense.
- Meanwhile, farm income reached record highs,” said Joshua Sewell, Director of Research & Policy, Taxpayers for Common Sense.
- “Farm lobbyist proposals to further increase farm subsidies - through higher government enforced reference prices - isn't something most farmers are asking for.
- With the bulk of federal farm subsidies such as reference price support going to the largest and most financially stable agribusinesses, increasing reference prices without any offsetting reforms makes no economic sense.
- “Increasing reference prices in the upcoming Farm Bill would do nothing to help the majority of American farmers across the nation and would further drive inflation while adding to the national debt,” said Adam Brandon, President at FreedomWorks.