Sunday, July 29, 2007

NYT Editorial: Still Waiting for Farm Reform

Published: July 28, 2007

Doling out last-minute benefits as only a speaker can, Nancy Pelosi managed to kill a progressive farm bill on the floor of the House. The House then passed a bill that further enshrined an outdated and excessively costly system of guaranteed subsidies. It is now up to the Senate, which will address the issue in September, to devise a new and improved bill that eliminates the old subsidies and uses the savings for food stamps, conservation and other causes worthier than making big farmers even richer.

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