The Davis-Kirk amendment will strike the new sugar provisions which will drive up the price of domestic sugar, therefore making it more difficult to candy makers, food processors, and confectionery businesses to survive. This new bill raises the sugar price supports, restricts sugar imports, and instructs the Secretary to buy surplus sugar for use in making ethanol. Since 1997, the sugar subsidies have cost the U.S. economy a loss of 70,000 jobs. The Davis-Kirk amendment will make sure that the sugar program does not cost any more jobs than what we have already lost.
Danny Davis: “The Davis-Kirk amendment will strike the new sugar provisions which will drive up the price of domestic sugar, therefore…”
Editor's note · Context
Discussing the impact of sugar provisions on the economy and jobs.
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