Ron Kind: “This is based on a 2-year rolling average of commodity prices rather than 5 years that the administration was proposing.…”

“This is based on a 2-year rolling average of commodity prices rather than 5 years that the administration was proposing. But even 2 years ago, commodity prices were at or near record lows. What this means is that it will take very little for the prices to drop today for this program to get triggered and for tens of billions of dollars to be flowing out in further subsidy programs because of the way this is structured, and that is wrong. And we should be more honest, not only with the Members of this Congress of how it's going to work, but with the American taxpayer. One farm economist called this new ACRE program, and I quote, ``lucrative beyond expectations.'' That is what has been created. So instead of reform, we are heading in the opposite direction.”