It would be $186,000 gross income the farmer would make. That is gross, not net. But on top of that $186,000, that particular farmer would receive a check of about $16,000. Or, I might add, if the price of corn went up to $4 a bushel, he would still get the $26,000, or at $5 a bushel, the farmer would get the $26,000; or if the farmer did not want to do anything and just sit home and watch television and surf the channels and not even go out and plant, he still gets $26,000 from the Federal Government. If that is not a form of welfare--as I said in my remarks, once the Sun shines in on that, once the members of the Farm Bureau realize and recognize that their leadership is trying to convert a farm program based on production that supports them when prices are low but does not support them when they are getting $3.10 a bushel, there is going to be a revolution in the Farm Bureau. There is also going to be, what is more serious, a revolution that the Senator from Iowa commented on when the people of the United States and the Members of the House of Representatives and U.S. Senate recognize that you are throwing that kind of money away, regardless of what the price of corn is, even at $5 a bushel, you get it whether or not you earn it, and that is welfare.
J. Exon: “It would be $186,000 gross income the farmer would make. That is gross, not net. But on top of that $186,000, that…”
Editor's note · Context
Discussing federal payments to farmers and their implications during a floor speech.
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