Political Quotes

Jeff Flake: The reason that the CBO scored it as a net savings is because of what is called baseline shopping. It was done with this…

On the recordMay 21, 2008
The reason that the CBO scored it as a net savings is because of what is called baseline shopping. It was done with this bill, where we actually reached back and chose to base the bill on a baseline, a prior year baseline, when corn prices, when wheat prices, when soybean prices weren't as high. Had we used this year's baseline or this year's projections, then we would see that next year, for example, when this kicks in, that you could have corn at $4.25 a bushel still receiving subsidies. Now, keep in mind $4.25 is higher than corn has ever been, until this year. And so dropping back to just what it was before this year will trigger subsidies that would not have been triggered before. That is not reform. That is not reform at all. That is soaking the taxpayers. That is farming the taxpayers rather than the land.
Said by
Jeff Flake
Republican · Arizona

Editor's note · Context

Discussing the ACRE program and its implications for taxpayer liability.

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