Which costs more: Food stamps or farm subsidies?
07/10/2013 7:00 AM
07/09/2013 4:57 PM
Okay, the math is rough...but let’s take a look at what splitting the farm bill into an ag subsidy title and a food stamps title might actually mean.
The House farm bill shot down in June would have cost $939 billion over ten years. For easy math, let’s round up to $1 trillion, or about $100 billion annually.
Of that, 80 percent — $80 billion — goes for food stamps. The rest, broadly, goes for ag help, about $20 billion a year.
In 2013, 47.6 million people received food stamps. That means recipients get about $1,680 in benefits, on average, each year.
There are roughly 3.1 million farmers who split the remaining $20 billion in the farm bill. That works out to $6,451 per farmer.
So overall spending on food stamps is much higher than farm subsidies. But on a per-person basis, farmers come out ahead.
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