Wednesday, June 29, 2011

Budget Savings from Cutting Direct Payments

Chris Clayton reports on a study by FAPRI:
"If direct payments are eliminated and there isn't a rush to ACRE, there would be a 10-year budget savings of about $41.7 billion from FY 2012 to 2012.
Yet, if everyone jumped into the ACRE program, assuming it stayed as is, then the budget savings over 10 years would likely fall to about $18.9 billion, FAPRI stated.

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