This story initially was printed by Real Clear Wire
By Adam Andrzejewski
Actual Clear Wire
If Congress voted to get rid of the Market Entry Program — what Residents Towards Authorities Waste referred to as “the federal authorities’s most blatant examples of company welfare” — the U.S. may save $175.6 million a 12 months.
Over the previous decade, the Division of Agriculture program has given almost $2 billion in taxpayer cash to assist agriculture commerce associations, farmer cooperatives, and particular person firms promote their merchandise abroad, in keeping with Residents Towards Authorities Waste in its annual “Prime Cuts” report, which recommends methods to scale back the report nationwide debt.
In FY 2023, MAP gave $175.6 million to profitable firms and conglomerates like Blue Diamond ($5.1 million), Cotton Council Worldwide (CCI) ($13.9 million), Nationwide Sunflower Affiliation ($985,000), Pet Meals Institute ($1.4 million), Sunkist Growers, Inc. ($2 million), Welch Meals, Inc. ($677,662), and the Wine Institute ($6.7 million), CAGW reported.
Whereas then-President Barack Obama’s FY 2012 price range proposed a 20% minimize to this system, it was struck down within the Senate.
A June 2012 report from former Sen. Tom Coburn (R-Okla.) on this system disclosed that a number of the $20 million that was given to the Cotton Council Worldwide in 2011 was used to create an Indian actuality TV present whereby designers created clothes made out of cotton.
The present was apparently meant to advertise cotton usually, not essentially cotton from the U.S. Nonetheless, India doesn’t want U.S. cotton as a result of the nation is a internet exporter of the product and produces twice the quantity of U.S. cotton growers.
The Market Entry Program has given greater than $190 million to Cotton Council Worldwide over 13 years. “It’s gone time to get rid of MAP,” CAGW wrote.
The #WasteOfTheDay is dropped at you by the forensic auditors at OpenTheBooks.com
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