How Farmers Harvest U.S. Taxpayer Dollars

By David Ellis - 2013-09-09T14:38:32Z

Photograph by Visions of America/UIG via Getty Images

Company Symbol % Change
4 of 11

Disaster Strikes Again

Fewer farmers took advantage of the program, triggering disaster payments such as the $3.4 billion rescue following a major drought in 1988. That heat wave caused 7,500 deaths nationwide and almost $79 billion in losses (as measured in 2013 dollars). Extreme weather, including historic floods in 1993, triggered 38 more relief bills giving farmers $68.7 billion in disaster aid from fiscal years 1989 to 2009.

Special Report: Doomed Crops, Record Profits

Advertisement