The 2007 farm bill will be written at a crucial time. Budgetary pressures, the foundering Doha Round of trade negotiations, and record‐high prices for many commodities all point to the need for serious reform of U.S. agricultural policy. Although many reform proposals have been put forward in anticipation of the new farm bill, none so far has questioned the very premise of interfering in rural markets and supporting a chosen few. Has the time come to entirely rethink U.S. agricultural policy? This week’s video features an excerpt from Senator John Sununu’s (R-NH) remarks at a recent Cato Institute Capitol Hill Briefing.
(See the full event: Freeing the Farm: A Farm Bill for All Americans.)