Legal News

Obama Signs Farm Bill into Law
Download PDF
1 Star2 Stars3 Stars4 Stars5 Stars (No Ratings Yet)
Loading...

The United States Senate passed and President Obama signed into law H.R. 2642 (Federal Agriculture Reform and Risk Management Act of 2013) popularly termed the farm bill. Every five years, Congress passes a farm bill to set national agriculture, nutrition, conservation and forestry policy. While the law is known as the farm bill, its significance for the general populace is much beyond farming, as the bill also determines the policy for food stamps.

Under the new law, U.S. farmers will no longer receive automatic checks from the government, and thus the government ended the policy of providing $5 billion per year in automatic payments to farmers. Obama said, “This bill helps to clamp down on loopholes that allowed people to receive benefits whether they were planting crops or not. And it saves taxpayers hard-earned dollars by making sure that we only support farmers when disaster strikes or prices drop. It’s not just automatic.”

  
What
Where


The new farm bill has good news for many farmers as it expands programs to protect farmers from bad weather and bad markets and also raises the minimum price for certain crops. Farmers would receive subsidized insurance to guarantee that their income do not drop too much due to unforeseeable, but not unexpected events.

Including the cuts already made through sequestration, the Farm Bill is expected to save at least $23 billion over the next ten years, while adding jobs to the rural economy. The bill also provides disaster management provisions for livestock producers and fruit and vegetable growers.

In helping needy people around the world get food aid, the new farm bill takes a different approach and now aid groups and nonprofits will be able to spend more of the funding they receive to buy food from markets close to relief target areas, rather than buying food in the US and shipping it across the world.

Get JD Journal in Your Mail

Subscribe to our FREE daily news alerts and get the latest updates on the most happening events in the legal, business, and celebrity world. You also get your daily dose of humor and entertainment!!






 

RELEVANT JOBS

Associate Attorney

USA-OK-Tulsa

Full Job Description Tulsa law firm seeking an attorney with one to three years experience for an...

Apply now

Associate Attorney

USA-FL-Miami

General practice litigation firm looking for licensed attorney with zero to five (0-5) years of expe...

Apply now

Litigation Paralegal

USA-PA-Pittsburgh

South Hills plaintiff personal injury law firm seeking full-time litigation paralegal. Paralegal is ...

Apply now

Litigation Attorney / Labor & Employment

USA-CA-Sacramento

Our Sacramento office has an opportunity for a Labor & Employment/Litigation Attorney to join the fi...

Apply now

BCG FEATURED JOB

Locations:

Keyword:



Search Now

Finance Attorney

USA-UT-Salt Lake City

Salt Lake City office of a BCG Attorney Search Top Ranked Law Firm seeks a finance attorney with 5+ ...

Apply Now

Senior Family Law Attorney

USA-VA-Fairfax

Fairfax office of a BCG Attorney Search Top Ranked Law Firm seeks a senior family law attorney with ...

Apply Now

Litigation Attorney

USA-WA-Seattle

Seattle office of a BCG Attorney Search Top Ranked Law Firm seeks litigation attorney with 5+ years ...

Apply Now

SEARCH IN ARCHIVE

To Top