Farm Bills
According to the Congressional Research Service, nine bills between 1965 and 2002 are "generally agreed" to be farm bills; the 2008 farm bill is the tenth.
- Food and Agricultural Act of 1965
- Agricultural Act of 1970
- Agricultural and Consumer Protection Act of 1973
- Food and Agriculture Act of 1977
- Agriculture and Food Act of 1981
- Food Security Act of 1985
- Food, Agriculture, Conservation, and Trade Act of 1990
- Federal Agriculture Improvement and Reform Act of 1996
- Farm Security and Rural Investment Act of 2002
- Food, Conservation, and Energy Act of 2008
The latest 2008 Farm bill, known as the Food, Conservation, and Energy Act of 2008, increased spending to $288Bn therefore causing controversy at the time by increasing the budget deficit. It increased subsidies for biofuels which the World Bank has named as one of three most important contributors, along with high fuel prices and price speculation, to the 2007–2008 world food price crisis. On January 1, 2013, Congress passed the American Taxpayer Relief Act of 2012 to avert the fiscal cliff and the next day President Barack Obama signed the Act into law. (Public Law No: 112-240) The "fiscal cliff" deal was primarily enacted to avoid automatic tax hikes and spending cuts, but also included provisions extending portions of the 2008 Farm Bill known as Food, Conservation, and Energy Act of 2008 for nine months through September 30, 2013. Senate Majority Leader Harry Reid has demonstrated a commitment to working on a new five-year Farm Bill by reintroducing last session's Senate Farm Bill in the new 113th Congress.
Read more about this topic: United States Farm Bill
Famous quotes containing the words farm and/or bills:
“A farm is a good thing, when it begins and ends with itself, and does not need a salary, or a shop, to eke it out.”
—Ralph Waldo Emerson (1803–1882)
“Wags try to invent new stories to tell about the legislature, and end by telling the old one about the senator who explained his unaccustomed possession of a large roll of bills by saying that someone pushed it over the transom while he slept. The expression “It came over the transom,” to explain any unusual good fortune, is part of local folklore.”
—For the State of Montana, U.S. public relief program (1935-1943)