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RCED-95-264R 1 (1995-08-28)

handle is hein.gao/gaobackxj0001 and id is 1 raw text is: 


   N   3O    United States
GAO          General Accounting Office
             Washington, D.C. 20548

             Resources, Community, and
             Economic Development Division

             B-265710


             August 28, 1995


             The Honorable Richard G. Lugar
             Chairman
             The Honorable Patrick J. Leahy
             Ranking Minority Member
             Committee on Agriculture,
               Nutrition, and Forestry
             United States Senate

             The Honorable Pat Roberts
             Chairman
             The Honorable E (Kika) de la Garza
             Ranking Minority Member
             Committee on Agriculture
             House of Representatives

             The Congress is considering significant changes to the
             nation's agricultural policy as it debates the 1995 farm
             bill. Some of these changes could affect the level of
             deficiency payments that producers receive under the U.S.
             Department of Agriculture's (USDA) income support program--
             a program intended to protect producers' income when crop
             prices fall below set prices. To help you consider these
             changes, we are providing information on the distribution
             of deficiency payments under the current program. In
             particular, we compiled data on the size of the deficiency
             payments that individuals received either in their own name
             or through entities, general partnerships, or joint
             ventures. This information supplements data that we
             presented during March 1995 hearings before the Senate
             Committee on Agriculture, Nutrition, and Forestry.'

             Our analysis covers the $5.27 billion in deficiency
             payments that individuals received during crop year 1993--
             the most current year for which complete data were
             available.


             'Farm Payments: Distribution of USDA Income SuDDort
             Payments (GAO/T-RCED-95-133, Mar. 16, 1995).

                                           GAO/RCED-95-264R, Commodity Payments


                             /5305-7

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