Opportunities for Budget Savings in Domestic Agricultural Programs
T-RCED-90-93
Published: Jun 28, 1990. Publicly Released: Jun 28, 1990.
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Highlights
GAO discussed agricultural price and income support programs. GAO found that: (1) programs to support the dairy, wool and mohair, and honey sectors are not doing what they were originally designed to do; (2) modification or elimination of those programs could decrease federal spending by $1 billion annually; and (3) revising or eliminating the programs would foster a more market-driven agricultural sector.
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Topics
Agricultural productionAgricultural programsCommodity marketingCost analysisDairy productsFarm income stabilization programsFederal aid programsLivestock productsPrice regulationPrice supports