Free Essay About Trade Offs Of The 2014 Farm Bill

The article’s discussion revolves around the advantages and a shortcoming of the farm bill dated 2014.The purpose of the bill is to act as a benchmark for implementation of reforms concerning subsidies in agriculture. Proper coordination in research and rural employment expansion are the central reforms. There are notable adjustments in the environmental protections in the bill.
The bill merits on several areas. Firstly, it safeguards the federal budget against misappropriations. The initial direct payments issuance to farming population has been cut-off. The payments initially acted as subsidies both in good and bad years. Subsidies during periods of profitable crop prices are considered a total abuse of the federal money. Introduction of the bill is viewed to be timely. The end of a trend where farmers received money even when they did not farm is achievable through the 2014 bill. Cash savings are anticipated for through this reformative bill.
Secondly, research will receive a reasonable boost. In the research provision, the bill covers crop improvement, agribusiness and energy programs. The farmers’ profits shall be increased through more efficient farming programs. Expansion of industries that rely on use agricultural outputs is anticipated. Growth in the farmers’ incomes will guard against losses during low seasons.
Thirdly, risk cover forms a reasonable basis to embrace the bill. A subsidized program on insurance is seen an effective risk cover strategy. The funds initially used for direct payments will be under better saving strategy.
The article brings forth the limitations of the bill as well. The bill advocates for reduced food stamps. This is attainable through a finance cut-off totaling to $8 billion. Some families will be affected adversely through a potential loss of $90 per month. There is a view that the bill puts agriculture at risk by directing more funds to federal budget. The savings anticipated by the bill may also not be attained during bad weather.