Clip From
June 14, 2012 Senate Session
Created by HH4ND on November 1, 2012

McCain: "The Farm Bill's Sugar Program Is Another Masterful Scam"

"The Farm Bill's sugar program is another masterful scam. The USDA operates a complex system of import tariffs, loans, and government… read more

"The Farm Bill's sugar program is another masterful scam. The USDA operates a complex system of import tariffs, loans, and government production quotas that restrict sugar imports and keeps sugar prices artificially high. The sugar barons will tell you that USDA's sugar program operates at 'no net cost' to the American taxpayer because sugar doesn't receive 'direct payments.' In actuality, businesses and consumer bear the burden of the sugar program by paying higher costs for sweetened products. Every year, Americans consumers are forced to pay an extra $3.5 billion on sweetened food products. Just yesterday, the Senate voted to table an amendment to phase out the sugar program. Quite the sweetheart deal for sugar growers. close

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McCain: "The Farm Bill's Sugar Program Is Another Masterful Scam"

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Program ID:
306603-1
Category:
Senate Proceeding
Format:
Senate Proceeding
Location:
Washington, District of Columbia, United States
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McCain: "The Farm Bill's Sugar Program Is Another Masterful Scam"

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