1021AgFundingCutsPendingsr.cfm Ag committees recommend $23B cut
Home News Livestock Crops Markets Hay, Range & Pasture Home & Family Classifieds Resources This Week's Journal
Agro-Culture Liquid Fertilizer

Farm Survey

Journal Getaways

Reader Comment:
by ohio bo

"An excellent essay on fairs that brought back many memories for me. In my part"....Read the story...
Join other discussions.

Ag committees recommend $23B cut


Leaders of the Congressional Agriculture Committees told the debt-deficit super committee recently that mandatory agriculture and nutrition programs should take $23 billion in cuts as part of the overall effort to cut $1.5 trillion from the federal budget.

The recommendation came Oct. 17 in a letter signed by Senate Agriculture Committee Chairwoman Debbie Stabenow (D-MI); Senate Ranking Member Pat Roberts (R-KS); House Agriculture Committee Chairman Frank Lucas (R-OK); and House Ranking Member Collin Peterson (D-MN).

In a statement released simultaneously by the four leaders, they indicated they will continue working together to fashion a detailed proposal for the spending cuts, which is expected to be submitted to the super committee by Nov. 1.

They noted in their letter that $23 billion in cuts is more than would be achieved through a sequestration process and would come in addition to multiple cuts to programs within their jurisdictions in recent years.

Crop insurance was cut $6 billion during the recent renegotiation of the contract between USDA and private crop insurance companies, in addition to $6 billion in cuts in the 2008 Farm Bill and $2 billion in cuts in the 2002 farm bill.

In addition, conservation programs have been cut by $3 billion during the last five years; key nutrition programs have been cut by nearly $12 billion in recent years to offset other spending; and there are 37 programs, totaling nearly $10 billion, which expire in this farm bill cycle with no baseline into future years.

The leaders also noted their effort to work on a bipartisan basis, which seems to be unique to the Agriculture Committees but will be essential to producing a legislative proposal equivalent to a 2012 farm bill that is acceptable to constituents of all agriculture-area programs.

Web hpj.com

Copyright 1995-2014.  High Plains Publishers, Inc.  All rights reserved.  Any republishing of these pages, including electronic reproduction of the editorial archives or classified advertising, is strictly prohibited. If you have questions or comments you can reach us at
High Plains Journal 1500 E. Wyatt Earp Blvd., P.O. Box 760, Dodge City, KS 67801 or call 1-800-452-7171. Email: webmaster@hpj.com


Archives Search

Inside Futures

Editorial Archives

Browse Archives