Short answer, yes, long answerhttps://www.federalregister.gov/documents/2018/08/30/2018-18842/market-facilitation-program …
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That sort of answers my question, but not really. Link is to a claim by the WH that it's legal "under section 5 of the CCC Charter Act (15 U.S.C. 714c)." That law says CCC is for "stabilizing, supporting, and protecting farm income and prices." Doesn't say where money comes from.
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I think Congressional authorization for a program that adhere to a particular set of rules doesn't require a seperate appropriation, (and is also fairly common & longstanding) but I'm not sure.https://www.gao.gov/mobile/products/B-330348 …
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I don't know either, that's why I'm asking The money still has to come from somewhere. I'm curious where. Also curious if there's a legal limit, or if WH has an infinite discretionary fund when it says so. Would giving farmers, say, $10 trillion be illegal, or just violate norms?
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The payments seem to be based on what you've produced in the past (and with upper limits on AGI), so that prob acts as a cap https://www.farmers.gov/manage/mfp You got no argument from me on curtailing farm subsidies. But things have been running like this since the 1930s & 40s.
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So this $12 billion is part of normal farm subsidies? Basically crop insurance, but for a trade war, rather than weather? I think that would answer the legality question, though I'm still curious about limits and WH discretion. And thanks for the replies.
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I think that's exactly it. & I think the letter of the law allows it (mostly through omission) but of course this was never the intent when these programs were created. (And of course of course, Congress can recind this authority if they really want to)
End of conversation
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Good question. I'd like a bailout since the government fucked up my healthcare and now it's unaffordable.
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