The Farm Bill is a thicket of corruption and wasted money. Kari Hamerschlag has the best short breakdown of the bill that I’ve seen:
Without the efforts of Sen. Debbie Stabenow (D-Mich.), the chair of the committee, the bill would have been even worse, but as it is, the proposal will continue to give away tens of billions of taxpayer dollars in subsidies to the nation’s largest, most profitable and environmentally damaging farm businesses. To pay for this giveaway, the Agriculture committee’s proposal would slash programs for conservation, nutrition, rural development and beginning and socially disadvantaged farmers.
If you want a detailed analysis of how one Farm Bill after another has shaped America’s disastrous food policies, Daniel Imhoff’s Food Fight is the book to read.