President Donald Trump said “bailouts for insurance companies” would “end very soon” if Congress didn’t pass a new health care bill. Sen. Susan Collins said the payments aren’t a bailout, “but rather help people who are very low-income afford their out-of-pocket costs.” Trump distorts the facts.
Q: In the farm bill, how much money goes to direct subsidies for farmers, what percentage goes to higher income farmers and how much is allotted for feeding the poor?
A: About $26 billion will be spent on direct payments to farmers over the next five years. We can't give a figure for exactly how much will go to "upper income" farmers, but the income limits are set quite high. The lion's share of the bill's $307 billion cost ($209 billion) will go for nutrition assistance.