Other Government Buyouts Programs

Voluntary grazing permit buyout, as proposed in the Multiple-Use Conflict Resolution Act (H.R. 3166), is neither revolutionary or even new, but simply another application of the tried-and-true concept of voluntary government buyout.

The federal government has often used voluntary buyouts to resolve over-employment in various economic sectors; re-settle communities away from floodplains and hurricane zones; and address overcapacity and resource depletion in agricultural and natural resource industries.

Following are a few prominent and recent examples of federally authorized and funded buyout programs:

In each case, the above buyout programs were crafted to fit the unique circumstances of each target constituency.

1. Orden, D. "Key Issues for the Next Farm Bill: Is a Farm Program Buyout Possible?" (conference presentation). Agricultural Outlook Forum 2005; Feb. 24-25, 2005; Arlington, VA. U.S. Dept. Agriculture. Washington,D.C. (Available at www.usda.gov/oce/forum/speeches/Orden.pdf.)
2. Id.