WASHINGTON, D.C. – The American Bakers Association (ABA) praises the congressional leaders for their introduction of the Sugar Policy Modernization Act of 2017.
“Bakers commend the steadfast leadership of Reps. Virginia Foxx (NC-05) and Danny Davis (IL-07), Sens. Jeanne Shaheen (NH) and Pat Toomey (PA) and the more than 50 original cosponsors, who continue to fight to ensure tax-paying American consumers stop flipping the bill for artificially inflated U.S. sugar prices,” said ABA President & CEO Robb MacKie.
Sugar is the most tightly restricted agricultural commodity in the United States and was the only commodity not reformed by the 2014 Farm Bill.
“Today’s introduction is the important first step towards reforming this depression-era U.S. commodity program, which has cost consumers more than $15 billion since 2008, and is responsible for a loss of over 125,000 jobs in sugar-using industries,” said ABA Director of Government Relations Mike Goscinski.
About the American Bakers Association:
The American Bakers Association (ABA) is the Washington D.C.-based voice of the wholesale baking industry. Since 1897, ABA has represented the interests of bakers before the U.S. Congress, federal agencies, and international regulatory authorities. ABA advocates on behalf of more than 1,000 baking facilities and baking company suppliers. ABA members produce bread, rolls, cookies, crackers, bagels, sweet goods, tortillas and many other wholesome, nutritious, baked products for America’s families. The baking industry generates more than $153 billion in economic activity annually and employs more than 799,500 highly skilled people.
Source: American Bakers Association