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.”

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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 JohnsonFormer GOP senator endorses Clinton after Orlando shooting Housing groups argue Freddie Mac's loss should spur finance reform On Wall Street, Dem shake-up puts party at crossroads MORE (D-S.D.), Mike EnziMike EnziJudd Gregg: The silver lining Judd Gregg: A little change Lobbying World MORE (R-Wyo.) and Sherrod BrownSherrod BrownSenate Dem won't rule out blocking Puerto Rico debt relief Dodd and Frank: Judge was wrong in Dodd-Frank ruling Bernie Sanders’s awkward return to the Senate 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.”

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