On the recordJune 20, 2013
The question facing this Congress is, Will we have a farm bill that respects farm families? This is about individual families that are working hard to try to survive, not to get rich. Market stabilization is exactly what Apple Computer does. If they make and sell more iPods, they produce more. If sales go down, they taper off. Why not give that market signal to our farmers with second-, third-, fourth-generation families in Vermont, the Kennett family, the Richardson family, the Rowell family? All they want to do is produce good, nutritious milk for the people in their community. This market stabilization gets them out of the death spiral, where they have absolutely no control over what that price is. And when it plunges, the only opportunity they have to try to survive is to increase production. The price goes down again. This market stabilization is using the market. It's an ally of the farmer, as it should be. So this makes sense. And what I am so proud of is that America's farmers, from Vermont to California, worked together to come up with something that would help pass that farm on to the next generation, and it saves money for the taxpayers.





