Legislative Branch

Save $20 billion by eliminating farm subsidies

Save up to $20 bilion in US taxpayer money per year by eliminating or reducing farm subsidies. Each year, taxpayers fund billions in handouts to farms, mostly corn farms, which leads to market distortions, higher food prices, and higher fuel costs.

 

Farm subsidies began in the Depression era to keep farmers from starving and losing their land. Now, 72% of subsidies go to large farm corporations, not to needy family farms.

 

Cutting costs by reducing paper and getting cheaper plane tickets is all well and good, but to really save significant portions of money, you have to go for the big reasons why we are so deeply in the hole and our economy is still dragging.

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Idea No. 8856