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Wednesday, June 15, 2011

PSR (Perverse Socialism of Republicans), not CSR- Directing tax money away from the needy and to the wealthy

Republicans apparently want to continue giving subsidies to the wealthy farmers, but want to cut food aid for the needy. Socialism, the Republican way.

Republicans dodge farm subsidy cuts - Yahoo! Finance: "Republicans have quietly maneuvered to prevent a House spending bill from chipping away at federal farm subsidies, instead forging ahead with much larger cuts to domestic and international food aid.

The GOP move will probably prevent up to $167 million in cuts in direct payments to farmers, including some of the nation's wealthiest. The maneuver, along with the Senate's refusal Tuesday to end a $5 billion annual tax subsidy for ethanol-gasoline blends, illustrates just how difficult it will be for Congress to come up with even a fraction of the trillions in budget savings over the next decade that Republicans have promised.

Meanwhile, the annual bill to pay for food and farm programs next year would cut food aid for low-income mothers and children by $685 million, about 10 percent below this year's budget.

The farm subsidy cuts won bipartisan approval in the House Appropriations Committee two weeks ago, but as debate on the House floor began Tuesday, Republicans turned to a procedural maneuver to drop that language."

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