Since I recently wrote a post dissing the GOP’s commitment to managing the budget I want to offer a modest atonement by acknowledging the White House for taking a position to reduce the cap on how much farm subsidy one entity can receive.
Regarding the proposed Farm Bill
One White House proposal is to deny crop subsidies to anyone with an adjusted gross income above $500,000 a year, compared to the current limit of $2.5 million AGI.
That Democrats propose such high subsidies, and the GOP may concede, is astounding to me. It seems to me that a reasonable trade is to lower the farm subsidies which apparently favors democratic donors and to also lower subsidies that target GOP donors. Legislators who were not dependent on the donations of these subsidy recipients might warm to this mutual reduction in budget abuse.