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Nixon budget reshapes food aid and farm subsidies
The Nixon administration proposes an $11.6 billion Agriculture Department outlay for next fiscal year, with food aid totaling about $4.07 billion and farm subsidies near $4.3 billion. Food-stamp benefits would reach $2.3 billion for 13.2 million people, plus $303 million for donated commodities and $1.29 billion for child-nutrition programs. The plan anticipates higher payments to some corn growers and explores insured loan financing for the Farmers Home Administration, potentially cutting overall outlays by about $600 million through shifts in loan funding.
MENTIONED IN THIS ARTICLE
Washington
Nixon
Agriculture Department
USDA
Jerome A. Miles
Congress
Department
Farmers Home Administration
Miles
FHA