EWG’s renowned farm subsidy database reveals that taxpayer support goes mostly to large, profitable operations, not to sustainable family farms that truly need the help. We’re working to change a badly broken system.
Subsidies
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A 52-story skyscraper on Park Avenue in New York City is the world headquarters for JPMorganChase, the largest bank in the U.S. But according to data from the Department of Agriculture, it’s also the home of one of 850 “farmers” who live in Manhattan.
Will the next federal farm bill reopen the loopholes that once allowed millionaires and billionaires – stockbroker Charles Schwab, Microsoft founder Paul Allen, banking tycoon David Rockefeller, Sr., and dozens of others – to receive federal farm subsidies?
Few federal programs are more badly in need of reform than the federal crop insurance program. The Senate will debate some long overdue reforms this week.
A new amendment to the Senate farm bill that limits crop insurance subsidies for the wealthiest farmers would save taxpayers more than $490 million dollars over the next 10 years.
