Tuesday, August 2, 2011

Just in from Washington

Congress Could Rewrite U.S. Farm Policy This Year

Reuters reports that Congress could rewrite U.S. farm policy this year under the deficit reduction plan that is expected to pass the Senate and be signed by the president today. The special joint congressional committee established in the bill is expected to eye entitlement programs, including crop supports, for part of the $1.5 trillion in deficit reduction measures.

“The farm bill rewrite may occur this year,” said Rep. Michael Conaway (R-Texas), chairman of the House Agriculture General Farm Commodities and Risk Management Subcommittee, in the Reuters report.

“Changes should not be made just to save money,” Conway said. “Nutrition programs will be on the table along with everything else,” he added.

Reuters article

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