July 11, 2012
How wasteful are farm subsidies? Heritage Foundation investigative reporter Lachlan Markay has the scoop:
The U.S. Department of Agriculture has doled out millions of dollars in subsidies to farms on which farming isn’t actually taking place, according a new report from government watchdogs. Billions more have gone towards supporting farms that don’t grow the crops for which they’re being subsidized.
USDA gave nearly $3 million last year to 2,327 farms that had not grown any crops since 2006, according to the report, released last week by the Government Accountability Office. Of those farms, 622 had not grown any crops since 2001.
Read more about this absurdity on the Foundry.