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Abstract

Members of the House Agriculture Committee have indicated an interest in rewriting the farm bill in 2001 (The Food and Fiber Letter). Pressure to rewrite the farm bill a year before it expires comes in part from the perception that the current farm bill does not provide adequate downside protection for farm income. A symptom of this problem is the fact that Congress has passed substantial assistance packages to supplement farmers’ incomes in each of the past three years.

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