
Federal Spending And The Budget | |
Farms And Forests Give Way To Development |
The U.S. Department of Agriculture is reporting that nearly 16 million acres of U.S. agricultural and forest lands were developed during the period 1992 to 1997. Development has driven up land values and proven to be a windfall to many farmers who live near cities and choose to sell their holdings.
A 1996 federal farm law set aside $35 million over six years to supplement state and local efforts to curb development of farmland, but the fund was depleted after just three years. Bills are pending in Congress to renew the programs at a cost of $55 million every year. Source: Associated Press, "Development of Open Space and Farms Doubles During the 1990s," USA Today, December 8, 1999. For more on Agriculture http://www.ncpa.org/pd/budget/budget-7.html |
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