Date: January 21, 2003
Creator: Jones, Jean Yavis
Description: On May 13, 2002, President Bush signed a new farm bill — The Farm Security and Rural Investment Act of 2002 (P.L.107-171). This comprehensive new law contains ten titles covering commodity support, conservation, nutrition, trade, research, credit, rural development and other related programs. It makes significant changes to commodity, conservation and nutrition programs, and is intended to guide most federal farm and food policies through FY2007. The Congressional Budget Office (CBO) estimates (using the March 2002 baseline) place the total cost of the new bill (i.e., baseline plus new funding) at just under $274 billion over its six-year life-span. This report discusses the bill in detail, as well as the arguments of both its supporters and critics.
Contributing Partner: UNT Libraries Government Documents Department