Reuters writer Charles Abbott reported yesterday that, “A Texas Democrat who used to be a leader of fiscal conservatives in the U.S. House of Representatives told big farm group on Monday that Congress members keen to cut federal spending will look at U.S. farm supports.
“‘All of us in agriculture recognize the fiscal challenge to come,’ said Charles Stenholm, a senior advisor at a Washington consulting firm who represented a west Texas district for 26 years. He spoke at a ‘break-out’ session at the American Farm Bureau Federation meeting.
“Stenholm, who is active in balanced-budget groups, declined to suggest specific areas to be targeted but said it could be hard to defend biofuel supports and grain subsidies. He said farm supports and crop insurance may need revisions to stretch funding.”