City Slickers Got $394 Million in Taxpayer-Funded Crop Subsidies in 2010
But, democrats won’t cut the budget.
Barack Obama increased the national debt by over $3 trillion in just over 2 years.
Obama tripled the deficit in one year with his failed stimulus plan.
The Obama deficit this year may reach $1.65 trillion. (The Captain’s Comments)
Barack Obama and Democrats also added over One Trillion Dollars to the Federal Budget in the last 4 years.
That’s at least a 30% increase in federal spending in just 3 years.
An estimated 90,000 people living in 350 cities and towns across the country got nearly $400 million in taxpayer-funded crop subsidies last year, says a top environmental watchdog group.
The data was revealed by the Environmental Working Group in conjunction with a Senate Agricultural committee review of farm spending, in light of the deficit reduction and debt ceiling fights in Washington, D.C. Fights over cuts to ethanol subsidies in particular have broken out on Capitol Hill.
The group culled the estimates out of its farm subsidy database, which it says in a statement relies on “millions of new government records” tracking an estimated $222.8 billion in farm subsidies that the federal government has released from 1995 to 2010.
Farm subsidies were launched after the Great Depression to help struggling small farmers plant corn, soybeans, rice, cotton and wheat. The payments were meant for farmers who actually work the land, not absentee land owners and investors, the group says.