Market Overview

Citizens Against Government Waste Names Rep. Mike Conaway July 2018 Porker of the Month


Today, Citizens Against Government Waste (CAGW) named
House Agriculture Committee Chairman Mike Conaway (R-Texas) its July
2018 Porker of the Month for crafting a Farm Bill that will prove to be
an expensive and wasteful disaster for taxpayers.

Chairman Mike Conaway introduced
the Agriculture and Nutrition Act (Farm Bill) on April 12, 2018. The
bill that passed his Agriculture Committee and then the full House will cost
taxpayers $868 billion over the next decade. Instead of reining in
bloated subsidy programs and closing loopholes for special interests,
the bill doubled down on the costly status quo.

Perhaps most troubling is a provision that would expand the definition
of a farmer. Under the House Farm Bill, a farmer's cousins, nieces, and
nephews could receive taxpayer subsidies of up to $125,000 per year as
long as they claim to have checked in with the farm's operations at
least once a month. In theory,
"a farmer in Nebraska could have a cousin in New York City who would be
eligible for $125,000 a year from taxpayers, as long as he or she
documented the occasional call."

The Farm Bill has been high on Chairman Conaway's priority list for
nearly a year. An August 2, 2017 headline in the Texas Tribune read:
"U.S. Rep. Mike Conaway staking legacy on passing politically tricky
farm bill." Chairman Conaway may have shepherded the Farm Bill to
passage in the House, but his legacy among taxpayers will not be a
positive one.

CAGW President Tom Schatz said, "The 2018 Farm Bill falls well short of
taxpayers' expectations and Chairman Conaway shoulders the blame.
Instead of making meaningful reforms to corporate welfare subsidy
programs, the bill expanded the definition of a farmer and enlarged an
already gaping loophole through which tens of billions of taxpayer
dollars will be squandered."

For authoring a Farm Bill that is crony capitalism on steroids, CAGW
names Rep. Mike Conaway its July 2018 Porker of the Month.

Against Government Waste
is a nonpartisan, nonprofit organization
dedicated to eliminating waste, fraud, abuse, and mismanagement in
government. Porker of the Month is a dubious honor given to lawmakers,
government officials, and political candidates who have shown a blatant
disregard for the interests of taxpayers.

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