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Big government payoffs for some dead farmers
Here's a whole new twist on the notion of passive income: The government's been writing farm subsidy checks to farmers who are dead. A farmer’s estate is allowed to collect farm payments for two years after the farmer’s death while the heirs sort out the business. But when that time is up, Department of Agriculture officials are meant to check that the farm is still operating, and that those running it are entitled to continued subsidies. According to the GAO report, 40 percent of the time the department hasn’t been verifying that information — in one case, paying out $400,000 to a particular farm whose managers had omitted to mention that a major shareholder had died years before.
Posted on July 23, 2007 7:02 AM PT | Permalink
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