Newly revealed federal data shows how $9.8 billion in farm and land subsidies was handed out to billionaires and investors - some of whom don't live anywhere near a farm. Farm and land subsidies are designated by the USDA, as is the federal Food Stamp Program, through the Farm Bill. While philanthropist David Rockefeller, Microsoft billionaire Paul Allen, and former NBA star Scottie Pippen each received thousands of tax dollars in the form of farm subsidies, participants in the federal Food Stamp Program now receive an average of $1 per meal per person. While people applying for Food Stamps have to go through a complicated, often drawn-out process to prove they deserve at least $1 for a meal, billionaires and investors receive farm and land subsidies - few questions asked.
Monday, June 18, 2007
The Rich Get Richer While...
Newly revealed federal data shows how $9.8 billion in farm and land subsidies was handed out to billionaires and investors - some of whom don't live anywhere near a farm. Farm and land subsidies are designated by the USDA, as is the federal Food Stamp Program, through the Farm Bill. While philanthropist David Rockefeller, Microsoft billionaire Paul Allen, and former NBA star Scottie Pippen each received thousands of tax dollars in the form of farm subsidies, participants in the federal Food Stamp Program now receive an average of $1 per meal per person. While people applying for Food Stamps have to go through a complicated, often drawn-out process to prove they deserve at least $1 for a meal, billionaires and investors receive farm and land subsidies - few questions asked.
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