On the recordJune 20, 2013
There have been assertions that somehow the American sugar industry is down. Because of the changes that were made in the last farm bill, prices soared up to 92 percent. And so there was a temporary increase in American sugar, which created some downward pressure, which in fact is going to require the American taxpayer to bail out in the next several years because of the sugar program's feedstock flexibility. We are talking about returning to the 2002 law. Every independent economist agrees that the American consumer is paying from $2 billion to $3.5 billion excess. The reason jobs are going to Canada is not because their jobs pay less, it is because the sugar price is less. There are far more jobs in the industries that use sugar than those who produce it. We are merely asking to return to the 2002 provisions, which were generous enough. Someday--someday--we will deregulate. Someday we will truly reform. But in the short term this is a reasonable accommodation.





