Here is the link to the (gulp) 900-page farm bill print put out by the Senate Agriculture Committee. This document will be added to and subtracted from, notably in the Senate Agriculture Committee "markup" session next Wednesday.
Here is how Sen. Stabenow's office summarizes the document:
Chairwoman's Summary of the 2012 Farm Bill Committee Print
Friday, April 20, 2012
The Committee Print of the 2012 Farm Bill reforms farm policy, consolidates and streamlines programs, and will reduce the deficit by $23 billion. This bill saves taxpayers money while strengthening initiatives that help farmers, ranchers and small business owners create American jobs.
Eliminates Direct Payments while Strengthening Risk Management
Farmers face unique risks unlike other businesses. Weather and market conditions outside a producer’s control can have devastating effects. A risk management system that helps producers stay in business through a few bad seasons ensures that Americans always have access to a safe and plentiful food supply. The proposal:
• Eliminates direct payments. Farmers will no longer be paid for crops they are not growing, will not be paid for acres that are not actually planted, and will not receive support absent a drop in price or yields.
• Consolidates two remaining farm programs into one, and will give farmers the ability to tailor risk management coverage—meaning better protection against real risks beyond a farmer’s control.
• Strengthens crop insurance and expands access so farmers are not wiped out by a few days of bad weather.
Consolidates and Streamlines Programs
By eliminating duplicative programs, funds are concentrated in the areas in which they will have the greatest impact, making them work better for producers.
• By ending duplication and consolidating programs, the bill eliminates dozens of programs under the Agriculture Committee’s jurisdiction.
• For example, the bill consolidates 23 existing conservation programs into 13 programs, while maintaining the existing tools farmers and landowners need to protect and conserve land, water and wildlife.
Improves Program Integrity and Accountability
At a time when many out-of-work Americans are in need for the first time in their lives, it is critical that every taxpayer dollar be spent responsibly and serves those truly struggling. By closing loopholes, tightening standards, and requiring greater transparency, the proposal increases efficiency and improves effectiveness.