Charles W. Stenholm: “The sugar program has not cost the U.S. Treasury 1 cent since 1985. Fact: We will reduce the deficit by $288 million…”

“The sugar program has not cost the U.S. Treasury 1 cent since 1985. Fact: We will reduce the deficit by $288 million over the life of the farm bill that some said was not reformed. Now I want to talk about M&M candy. I like M&M candy. They include sugar in M&M candy. They also have less than 1 percent corn starch in M&M candy. This reference that the consumer is going to pay a billion dollars more is laughable. There is 25 grams of sugar in this package. The market price is 22 cents. That makes 1.23 cents worth of sugar in this candy. If we lowered it to the world prices, as the authors of this amendment want us to do, it will lower it to 8 cents a pound. That will make 0.78 cents per pound worth of sugar in this candy. We can buy this in the Capitol from the vending machines for 55 cents. Do we believe for a moment that there will be a new price at 54.217 cents on that vending machine if we pass this amendment? Vote ``no'' on this amendment.”