Ken Cook and Chris Campbell [1]
June 9, 2005
U.S. taxpayers provided $264 million in 2004 to a handful of agribusiness firms through an obscure but controversial cotton subsidy program at the center of a fierce global debate over agricultural subsidiesa debate that has paralyzed international trade negotiations for the past three years. One company alone, Allenberg Cotton of Cordova, Tennessee, received almost $35 million through the program last year, and has collected more than $186 million since 1995.