Waste of the Day: Eliminate the $175.6 Million Corporate Welfare Market Access Program

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waste-of-the-day:-eliminate-the-$175.6-million-corporate-welfare-market-access-program
kschneider2991, Wikimedia Commons

This story initially was released by Real Clear Wire

By Adam Andrzejewski
Real Clear Wire

If Congress voted to get rid of the marketplace Access Program– what Citizens Against Government Waste called “the federal government’s most outright examples of business well-being”– the U.S. might conserve $1756 million a year.

Over the previous years, the Department of Agriculture program has actually provided almost $2 billion in taxpayer cash to assist farming trade associations, farmer cooperatives, and specific business market their items overseas, according to Citizens Against Government Waste in its yearly “ Prime Cuts” report, which suggests methods to lower the record nationwide financial obligation.

In FY 2023, MAP provided $1756 million to effective business and corporations like Blue Diamond ($ 5.1 million), Cotton Council International (CCI) ($139 million), National Sunflower Association ($985,000), Pet Food Institute ($ 1.4 million), Sunkist Growers, Inc. ($ 2 million), Welch Foods, Inc. ($677,662), and the Wine Institute ($ 6.7 million), CAGW reported.

While then-President Barack Obama’s FY 2012 spending plan proposed a 20% cut to the program, it was overruled in the Senate.

A June 2012 report from previous Sen. Tom Coburn (R-Okla.) on the program divulged that a few of the $20 million that was offered to the Cotton Council International in 2011 was utilized to develop an Indian truth television program in which designers developed clothes made from cotton.

The program was obviously planned to promote cotton usually, not always cotton from the U.S. However, India does not require U.S. cotton since the nation is a net exporter of the item and produces two times the quantity of U.S. cotton growers.

The Market Access Program has actually offered more than $190 million to Cotton Council International over 13 years. “It is long previous time to get rid of MAP,” CAGW composed.

The #WasteOfTheDay is given you by the forensic auditors at OpenTheBooks.com

This post was initially released by RealClearInvestigations and provided by means of RealClearWire.

The post Waste of the Day: Eliminate the $1756 Million Corporate Welfare Market Access Program appeared initially on The Gateway Pundit

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