"Our country's broken sugar program is forcing taxpayers to foot the bill for a sweet deal to a select group of sugar growers and processors," Senator Shaheen said. "We cannot afford to stay on this path, and our bipartisan plan would cut the wasteful practice of giving out taxpayer loans to extremely large companies. I've been pushing these reforms for years and it's time
"I have long advocated for reform of the government's wasteful sugar program, which harms food manufacturers, kills jobs, and forces American households to pay higher costs to feed their families," Senator Toomey said. "
"The government shouldn't be spending millions of dollars propping up the sugar industry, which drives up consumer costs and leaves taxpayers on the hook for loan forfeitures," Senator Ayotte said. "Our common sense measure would end wasteful government subsidies to large sugar processors and protect Americans from bearing the cost of inflated sugar prices."
"This bipartisan amendment would help tackle the long-overdue and necessary reforms to the federal government's sugar program, which drives up costs for American consumers and businesses," Senator Collins said. "Eliminating these loans for the largest sugar processors would go a long way in protecting taxpayers."
"As our national debt soars,
The amendment introduced by Shaheen would eliminate unnecessary federal loans to a select group of sugar processors whose revenues from sugar exceed
Read this original document at: http://www.ayotte.senate.gov/?p=press_release&id=1478
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