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Feds Propose $12-Billion Tobacco Farmer Buyout

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Feds Propose $12-Billion Tobacco Farmer Buyout

Business

Feds Propose $12-Billion Tobacco Farmer Buyout

Feds Propose $12-Billion Tobacco Farmer Buyout

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  • <iframe src="https://www.npr.org/player/embed/3471040/3471041" width="100%" height="290" frameborder="0" scrolling="no" title="NPR embedded audio player">

NPR's Melissa Block talks with Rusty Thompson, a fifth-generation tobacco farmer in Versailles, Ky., on how a proposed federal buyout would affect farmers like him. The program would include a payment of $12 billion to farmers over 10 years, and end a decades-long price-support program. Thompson says he would welcome the financial relief, but the other aspects of the plan would make tobacco a less profitable crop.