American taxpayers remain on the hook for millions of dollars to pay off Brazilian cotton farmers — one of the more bizarre, and costly, consequences of the House of Representatives’ failure to pass a massive farm bill on Thursday.
In a surprise defeat, the House on Thursday rejected the dense, 600-plus page bill. The bulk of the bill would have funded food stamps as well as a bundle of farm aid programs. But lawmakers were also hoping to use the legislation to resolve a long-running dispute between the United States and Brazil that is draining U.S. taxpayer dollars every year.
Specifically, the U.S. is paying the South American country $147 million annually. America has shelled out more than $4 billion to date to Brazil.