In the first 4 months of 1967. the Department of Agriculture has purchased the equivalent of 3.6 billion pounds of milk at a cost of $169 million under the price support program. It is estimated that by the end of the year these purchases will total 6 billion pounds at a cost of more than $300 million. One basic and uncontested fact vividly illustrates the presentday reality of the problem. The Department of Agriculture has indicated that in 1967. 12 times as much milk equivalent will come into the country under loopholes in our quota system as that which can be imported under the quota itself. It is called invasion by evasion. Quotas were first invoked in 1953. under section 22 of the Agricultural Adjustment Act. in the Eisenhower administration.
Keywords matched
quota system