Political Quotes

On the recordJune 16, 2011
Much attention has been paid to making significant cuts in Federal spending. The first step in addressing the massive public debt that has accumulated, I would submit, is that all areas of spending need to be on the table. This includes spending on farm subsidies. We've already talked a lot about this today. Over the last 15 years, almost three-quarters of farm payments have gone to just 10 percent of producers. The bottom 80 percent of recipients account for slightly more than a tenth of that money. Under current law, recipients are entitled to receive farm subsidies so long as their adjusted gross income, or AGI, is less than $500,000 in nonfarm AGI and $750,000 in farm AGI. {time} 1050 Thus, you can have an adjusted gross income of slightly less than $1.25 million and still ask taxpayers to foot the bill for your Federal agriculture payment. Let me say that again. You can have an adjusted gross income of $1.25 million, adjusted gross income, and still go to the trough here and ask the taxpayers for farm subsidy payments. I would ask anyone, how can they explain why a family earning more than $1 million a year needs to receive a check from the government? This amendment would lower that income limit to be eligible to receive farm payments from $1.25 million to $250,000 in adjusted gross income. I think a farmer has done well if they clear $250,000. I think it's wonderful if they do that. They should try to take a day off from their hard work if they do.…
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Jeff Flake
Republican · Arizona

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