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This act was signed into law by the Roosevelt administration. In response to the great depression, there was a need to lower the production of many commodities like wheat, cotton, and tobacco. This was achieved by providing subsidies and imposing limitations on the production of many commodities in order to combat what was essentially inflation in the space and raise prices. -
The AAA law was deemed unconstitutional due to receiving funding by way of processor's tax. This was changed in the new bill by paying through the federal government instead.
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This bill amended the setup of buying extra grain. Now farmers were to enroll in crop insurance for payments. This benefited low-producing farmers as well. Some believe this had led farmers to rely more heavily on government programs. -
This bill, like many others, increased the subsidies to farmers by a large margin. The reason this bill is of interest is due to the fact it was passed in the wake of 9/11 and was controversial. This ultimately lead to a delay in the passing of this bill and was a few weeks out from the expiration of the 1996 bill. -
This bill was highly debated among politicians. There were proposed amendments and possibly a veto by George Bush. Ultimately, the bill increased food program funding and change little about subsidies although many in the senate were lobbying for a decrease. -
Donald Trump's administration was responsible for signing this bill. This bill highlighted many important issues in the industry such as the importance of the mental health of farmers, reforming government assistance programs, and again changes to subsidies.