Tuesday, January 3, 2012

Did Obama and the Democrats end oil and farm subsidies when they had a super majority?

"In his proposed budget for fiscal 2012, beginning October 1, Obama proposed that farm subsidies go only to people with less than $500,000 in adjusted gross income from agriculture or less than $250,000 off-farm AGI. The current cut-off is $750,000 on-farm AGI and $500,000 off-farm AGI. The new caps would be phased in over three years under the administration proposal.

No comments:

Post a Comment