date:Jun 21, 2012
loan gains after receiving them, as well as have a harder time getting loans.
An amendment that likely would have affected more large producers failed. Senator Rand Paul (R-KY), wanted to end all farm program payments to anyone with more than $250,000 in taxable adjusted gross income. That's far below the $750,000 cap written into the Senate Ag Committee's bill. Paul said the amendment would affect only 9% of farmers who have AGI above $250,000. The Ag Committee's Roberts, who opposed it, sai