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Kassebaum Unveils Plan to Phase Out Farm Aid
U S Senator Nancy Kassebaum proposed phasing out federal farm support over five years while giving farmers an assured price. The plan seeks to cut next year's federal cost by 800 million and aims to boost U S grain competitiveness in world markets. It includes a 3 50 per bushel wheat price, gradual loan reductions, 20 percent first year acreage cuts, 10 percent second year cuts, and 50 000 dollar annual farm payment limits with export marketing certificates.
MENTIONED IN THIS ARTICLE
Peka
Kan
U.S
Nancy Kassebaum
Congress
Dan Glickman
Pat Roberts
American Farm Bureau
Kassebaum
Topeka
Abilene
Commodity Credit Corporation