Economic Benefits and Costs
According to the federal Bureau of Reclamation the yearly value of the Columbia Basin Project is $630 million in irrigated crops, $950 million in power production, $20 million in flood damage prevention, and $50 million in recreation. The project itself involves costs that are difficult to determine. The farms that receive irrigation water must pay for it, but due to insufficient data from the Bureau of Reclamation it is not possible to compare the total cost paid by the Bureau to the payments received. Nevertheless, the farm payments account for only a small fraction of the total cost to the government, resulting in a the project's agricultural corporations receiving a large water subsidy from the government. Critics describe the CBP as a classical example of federal money being used to subsidize a relatively small group of private special interest irrigation farming in the American West in places where it would never be economically viable under other circumstances.
Read more about this topic: Columbia Basin Project
Famous quotes containing the words economic, benefits and/or costs:
“The American suffrage movement has been, until very recently, altogether a parlor affair, absolutely detached from the economic needs of the people.”
—Emma Goldman (18691940)
“When your parents are in political life, you arent normal. Everybody talks about the benefits, but I dont know what the benefits are.... But Id rather have that kind of mother than an overweight housewife.”
—Katherine Berman Mariano (b. 1957)
“When over Catholics the ocean rolls,
They must wait several weeks before a mass
Takes off one peck of purgatorial coals,
Because, till people know whats come to pass,
They wont lay out their money on the dead
It costs three francs for every mass thats said.”
—George Gordon Noel Byron (17881824)