Bush Administration on House Payment Limit Reforms
From the Statement of Administration Policy on the subsidy lobby's farm bill (page 2, paragraph 2):
...the Administration does not support subsidies to farmers with an Adjusted Gross Income above $200,000 averaged over three years, who are among the wealthiest 2 percent of American taxpayers. The Administration strongly opposes the complete elimination of the payment cap on marketing loan payments, which would undermine the partial reform of payment limits in the bill and allows the largest producers to capture even larger subsidy payments.


