PNS Daily Newscast - August 21, 2019 

The Trump administration weakens banking regulations; and events this weekend mark the 400th anniversary of slavery in the United States. (Broadcaster Note: Our 6-min. newscast now has an optional outcue at 3 minutes: “This is PNS.”)

Daily Newscasts

Grassley Bill "Best Chance" to Cap Mega-Farm Payments

June 1, 2007

Lyons, NE - Many advocates for rural America say unlimited government payments to large-scale farms have put family farmers out of business, but things may soon change. Sen. Charles Grassley has introduced legislation to create a hard cap of $40,000 on direct payments to large farms. Chuck Hassebrook with the Center for Rural Affairs says this amendment to the farm bill is the best chance to help family farms in a quarter century.

“Thanks to Sen. Grassley's leadership in introducing this bill, the 2007 Farm Bill may be our best chance yet to win real payment limitation reform.”

Hassebrook hopes this proposal will lead to a farm bill that can turn things around for the small family farm.

“What this bill would do, effectively, is finally say no to subsidizing the destruction of family farming through farm programs that had no effective limits.”

Hassebrook adds that mega-farms use subsidies to bid land away from smaller farmers and drive up land prices. And by capping payments and closing loopholes, small farmers may be able to work on a level playing field.

Dick Layman/Eric Mack, Public News Service - IA