Current legislative proposals to change U.S. sugar policy may be positioned as modest reform; but they would have dire economic consequences on U.S. sugar producers, put U.S. taxpayers on the hook — and leave U.S. consumers dependent on unreliable, subsidized foreign suppliers.
That’s the conclusion of a paper re-leased in mid-May by two Texas A&M University ag economists.
The paper, titled “Analysis of the Coalition for Sugar Reform Amendments to U.S. Sugar Policy: Potential Effect on Policy and Industry,” was pre-pared by Joe Outlaw and James Richardson for the American Sugar Alliance*. Outlaw is professor and extension economist at Texas A&M, while Richardson is regents professor and Texas Agricultural Experiment Station senior faculty fellow. The two economists also serve as co-directors of the university’s Agricultural and Food Pol-icy Center.
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