What is really ironic in this debate is that cotton prices are at an all-time high in the marketplace, and yet it shows the built-up resistance in this institution to get to the hard work of reforming these farm subsidy programs, which is long overdue. They claim they are going to do it in the next farm bill, but there is no assurance when that is going to come up. It could be 3 years from now. That could be an additional half billion dollars from the American taxpayer for subsidies flowing to Brazil. The answer is to do it now rather than waiting next year or 3 years from now, or maybe never at all. I have been around here long enough to know the powerful special interests that resist farm reform. We should do it and save taxpayer dollars at the same time.
Editor's note · Context
The speaker addresses the need for immediate reform of farm subsidy programs amidst high cotton prices.
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