Ag Panels Likely to Miss Deadline for Cut Recommendations
Washington--The Senate and House Agriculture committees were planning to submit their recommendations for cuts to the farm program to the deficit super committee today, but it appears the panels will miss their self-imposed deadlines. The recommendations will likely be submitted toward the end of this week instead.
Talk is that the ag panels will offer no more than $23 billion in recommended cuts to farm programs over a 10-year period. Direct payments are expected to be on the chopping block. In a blog posting, DTN journalist Chris Clayton wrote that the recommendations could be changed or ignored by the super committee, but whatever comes out of the super committee won’t be changed on the House or Senate floors.