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The trade title of the 2002 FSRIA (Title III of P.L.
The FSRIA authorizes direct export subsidies of agricultural products through the Export Enhancement Program (EEP) and the Dairy Export Incentive Program (DEIP).
EEP was reauthorized most recently in the FSRIA of 2002.
The FSRIA also reauthorizes this program through FY2007 with annual funding of $34.5 million.
FSRIA also includes an energy title that incorporates much of the existing farm-related energy programs.
By the time President Bush signed FSRIA into law in May 2002, it had become an expanded, bloated version of FAIR.
Major national newspapers such as the New York Times, Wall Street Journal, and Washington Post repeatedly printed editorials decrying the excesses of FSRIA during its debate and after its passage.
Hence, while the provisions of FSRIA have remained intact up to now, it faces remarkable pressures from multiple directions.
The 1996 FAIR Act extended DEIP authority to FY2002, and FSRIA reauthorizes DEIP through 2007.
That is perhaps why DEIP is reauthorized as part of Title I commodity programs of the FSRIA, not the trade title.
The FSRIA reauthorizes this program with annual funding of $34.5 million.
The FSRIA reauthorizes USDA-operated export credit guarantee programs, first established in the Agricultural Trade Act of 1978, to facilitate sales of U.S.
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