The American Enterprise Institute’s January edition of the Monthly Harvest newsletter included a Taxpayers for Common Sense staff-authored article on the USDA’s Commodity Credit Corporation (CCC).
Created during the Great Depression, the CCC has evolved from a tool to simply cut and track checks for farm bill programs to a source of nearly unrestrained power. By exercising what’s known as “Section 5 Charter Act Authority” Secretaries of Agriculture have increasingly used the CCC to increase spending, expand farm supports far from the farm gate, and at times directly undermine Congressional intent.
Get Social