House eyes farm bill cuts, rightfully so say some

Outlet: Billings Gazette

March 27, 2012

When House budget hawks called for deep cuts to federal farm subsidies recently, most people in Montana saw it as a ruinous assault on the state’s largest industry.

But not Vince Smith, a Montana State University economist. He has long argued against subsidized agriculture, in which the government not only grants farmers levels of protections other businesses live without but also pays exorbitant administrative costs to private insurance companies that deal with crop losses.