I simply say that when you look at these kind of facts, I think one would have to conclude that any time you are going to have a welfare payment on top of what I have just outlined here at $3.10 a bushel--I would add that even if corn went up to $5 a bushel or $8 a bushel, which I suspect it will not, but even if it should--under the Freedom to Farm Act, that typical farmer that I just outlined would still receive the $16,000 to $22,000 or $24,000 depending on which year and so on down the road, on top of whatever he got from the marketplace. Therefore, there are dangers, because I happen to feel that when this information comes out, and with the stringent budget terms we are working under now, it would not be long before somebody would come up and say we are not going to do that anymore. Then some of the farmers who signed on to this program as some kind of a cash windfall would be hurt. We have to have a farm program that gives the farmers some relief from what the situation is now with regard to the payback that they have to make for their advanced deficiency payments. But I think we can get together and work out a reasonable proposal and not one that is embodied in what is generally called the Freedom to Farm Act.
J. Exon: “I simply say that when you look at these kind of facts, I think one would have to conclude that any time you are going…”
Editor's note · Context
Discussing the implications of the Freedom to Farm Act on farmers' welfare payments.
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