Wednesday, November 30, 2005

Milking the Milk Subsidy

OK, so milk subsidy isn't exactly headline news or, for that matter, of interest to anybody except milk producing states and their elected politicians. A mere $1billion a year is chump change in the world of federal spending, but it's just one of a gizzillion gov't programs that make up the catchall "pork"....or as some say, bringin' home the bacon. In the world of subsidies, it's the tax payer that get whacked and, as usual, the tax receiver that enjoys the benefits of the "free" money.

Last years milk subsidies are detailed here, at the Farm Service Agency. It's up for renewal today and Congress is debating the issue

Certainly this isn't a big deal, but it's educational and a good example of how government largess gets out of control.



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