A report released last year shows that a sports team owner, a financial firm executive and 2,700 other millionaires were receiving farm payments even though they probably were ineligible. The Agriculture Department said they did not have access to IRS information that could have disqualified them.
Agriculture Secretary Tom Vilsack announced Thursday that his department will now work with the IRS to verify the incomes of subsidy recipients. Those receiving government farm payments will be required to sign a separate form that will give the Agriculture Department access to IRS information about their income.
The report last year by the Government Accountability Office reviewed farm payments sent between 2003 and 2006. During that time, an individual or farm entity was ineligible for subsidy dollars if average adjusted gross income exceeded $2.5 million over three years "” unless 75 percent or more of that income came from farming, ranching and forestry.
According to the report, 2,702 recipients exceeded the $2.5 million and got less than 75 percent of their income from these activities. The payments to them totaled more than $49 million.
Wisconsin Rep. Ron Kind, a Democrat, has introduced legislation in Congress that would implement similar rules to those issued by the administration Thursday. Kind"™s bill goes further, however, to increase penalties for noncompliance. It would also require all applicants to be screened automatically, instead of asking producers to sign a waiver allowing the department to access their information.
All sorts of crackdowns going on. Here in Ohio they just recently decided thatsomeone who owns a $400K house(completely paid for) and with $80K in the bank probably shouldnt be receiving food stamps.
__________________
"Shoot him again....his soul is still dancing"
All sorts of crackdowns going on. Here in Ohio they just recently decided thatsomeone who owns a $400K house(completely paid for) and with $80K in the bank probably shouldnt be receiving food stamps.
The gaul of them to take away those stamps, they could be just collecting them for a rainy day, ya know...
All sorts of crackdowns going on. Here in Ohio they just recently decided thatsomeone who owns a $400K house(completely paid for) and with $80K in the bank probably shouldnt be receiving food stamps.
Lanse, do you have a link or more info. on this.
How old is the house, what was the purchase price, How much land with it?
Is this person retired/elderly? Is that $80,000 in the bank their only money to live on?
__________________
His beard alone has more experience than most lesser men's whole bodies.
What i said is all that I know. I heard it on the AM 700 WLW radio station out of Cincinnati. Apparently there was some sort of loophole which permitted people to qualify for foodstamps even if they are fairly well off. I think they are now changing it to where you cannot qualify if you have more than $2000 in available cash or something like that. Might be more info or links if you google the WLW site.
__________________
"Shoot him again....his soul is still dancing"
2,700 "Farmers" May Lose Welfare Payments
