"Farmer" Bachmann subsidies
BACHMANN’S FARM SUBSIDIES
Bachmann has claimed between $32,503 and $105,000 in income from the farm since 2007, according to her congressional financial disclosure forms for 2007, 2009 and 2010. She still has not reported her 2008 income from the farm on her disclosure form from that year—an apparent violation of yet another law--congressional reporting requirements.
This is the same Bachmann family farm that has collected a total of $154,755 in federal farm subsidies since the partnership was formed in 2001, most of it in corn and dairy subsidies. Paul Bachmann collected a total of $259,332 in federal farm subsidies from 1995-2009. However, it’s not known whether Michele and Marcus were involved in the farm prior to the establishment of the family partnership in 2001.
While Farmer Bachmann has always been happy to collect federal farm subsidies on her family farm, Congresswoman Bachmann recently proposed replacing those subsidies with “farmer savings accounts.” It’s not known whether the Bachmanns, who live in a $1.27 million home on a Stillwater golf course, would open such an account.
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