A Real Limit to Farm Subsidies?

It looks like the Obama administration wants to put me out of business. Or at least force me to work more on research topics besides impacts of agricultural subsidies, which Obama wants to limit (hat tip to Tim Haab ). I wouldn't complain about the change in research venue. Here is the agriculture portion of the plan. Here's CNN's coverage of the story: On agriculture, wealthy farmers would get less money from the federal government -- and none, three years down the line -- under proposals in Obama's first budget. Obama's proposed fiscal year 2010 budget "phases out direct payments over three years to farmers with sales revenue of more than $500,000 annually," according to the list. At present, "direct payments are made to even large producers regardless of crop prices, losses or whether the land is still under production." But according to the list, "Large farmers are well-positioned to replace those payments with alternative sourc