Grassley to introduce bill capping farm payments

“A strong safety net is critical to ensuring a safe and affordable food supply,” Grassley said. “Ending some of the most egregious abuses of the farm program will ensure that the farm program payments are going to those who need them most. It’s unacceptable that small- and medium-sized farmers get so little of the very program that was created to help them.”

The Farm Program Integrity Act would establish a per-farm subsidy cap maximum at $250,000, which would apply to whatever programs were developed as part of the new farm bill. Grassley said the bill would also close loopholes that allow non-farmers claiming to manage farms to qualify for federal farm payments.

Grassley said that his measure was partially responsible for some of the more than $20 billion the cost-savings in last year’s Senate farm bill.

The bill is a bipartisan measure cosponsored by Sens. Tim JohnsonTim JohnsonCourt ruling could be game changer for Dems in Nevada Bank lobbyists counting down to Shelby’s exit Former GOP senator endorses Clinton after Orlando shooting MORE (D-S.D.), Mike EnziMike EnziGOP senators avoid Trump questions on rigged election Report: Feds spend billions on PR Restive GOP freshmen eye entitlement reform MORE (R-Wyo.) and Sherrod BrownSherrod BrownDem senator praises US steel after car crash Lobbying World Podesta floated Bill Gates, Bloomberg as possible Clinton VPs MORE (D-Ohio).

“Ensuring our farm program payments are directed to the small and medium sized family farmers is a concept that folks from both sides of the aisle support,” Johnson said. “We face a number of difficult budgetary challenges, and establishing a hard cap on payments and closing loopholes within the program will help to reduce the deficit while also reaffirming the legitimacy of our farm programs.”