Since October 2012, American sugar companies borrowed $862,000,000.
However, some of the sugar companies cannot pay back their loans, because domestic sugar prices dipped by 18%, because the MidWest produced an over abundance of sugar beets and elsewhere, sugar cane crops were oversized as well. USDA wants to purchase 400,000 tons (800,000,000 pounds) of sugar.
Since the 1934 Sugar Act was passed and the US Sugar Program for loans to sygar producers began, taxpayers have paid billions of dollars in taxes to these ventures.
By early 2013, some people could not even afford to buy a candy bar, let alone a diet soda.
Yet, obesity and Diabetes Type II continue to rise in percentage among our American populations. Does diet soda do that?
via Diet Soda Warnings Coincide with Government Plans to Bail Out Sugar Industry.