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    Home > Active Ingredient News > Feed Industry News > The U.S. House of Representatives passes a new bill to substantially increase agricultural subsidies

    The U.S. House of Representatives passes a new bill to substantially increase agricultural subsidies

    • Last Update: 2002-05-10
    • Source: Internet
    • Author: User
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    Introduction: the U.S House of Representatives has recently overwhelmingly passed a new agricultural bill, the main content of which is to substantially increase subsidies to agriculture The bill has aroused strong opposition from the international community The main content of the bill, which was passed by 280 votes to 141 votes, is that in the next 10 years, the U.S government's appropriation for agriculture will increase to $180 billion, an increase of $73.5 billion over the appropriation under the existing agricultural law Among them, the subsidy to agriculture will be 70% higher than the current one The main object of the subsidy is the main body of American agriculture, i.e grain and cotton production farms At the same time, the subsidies for the production of livestock farms and other agricultural products have increased to varying degrees In addition, spending on land conservation projects for animal husbandry, fruit and vegetable production has also increased by 80 per cent, which in the past were rarely supported by government funding NPD President Bush said he would sign the bill before the House vote In a written statement, he said that although the bill has not met the requirements he hoped, it is still "conducive to ensuring the short-term and long-term viability of American agriculture." The U.S Senate is expected to vote on the bill next week If the bill is passed, it will be finally signed by President Bush to become a law NPD's current American agricultural law was signed by President Clinton in 1996 Its main contents are free planting and the government's gradual reduction of agricultural subsidies Analysts here believe that the introduction of the new U.S agriculture act marks a major shift in U It is particularly noteworthy that many analysts pointed out that the introduction of the new American agricultural policy in the mid-term election year will not only have an important political significance for the Republican and democratic parties to fight for congressional seats at the end of this year, but also have an impact on the next presidential election NPD the bill of increasing agricultural subsidies in the United States has aroused strong opposition from the international community A spokesman for the European Union said on the same day that the US government's increasing subsidies for its agricultural production will harm the interests of developing countries, which is also strongly opposed by the EU Lair van Clive, Canada's agriculture and Food Minister, said the increase in agricultural subsidies would "seriously damage" the credibility of the United States in the next round of Global trade negotiations NPD (author:) to feed Weibo to:
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