FarmPolicy

June 24, 2019

Farm Bill; Ag Economy; Biofuels; Trade; and Food Safety

Farm Bill Issues

Jake Sherman reported on Friday at Politico that, “House Majority Leader Eric Cantor told Republican lawmakers in a memo Friday what to expect for the rest of the summer, including votes on three stalled trade agreements, action on an intelligence bill, and movement throughout the summer on the debt ceiling…[C]antor did not let on to when he thinks there will be a vote to raise the statutory debt ceiling — the major issue of the next two months. He said he expects action ‘throughout the summer.’”

More specifically on the debt ceiling issue, Carl Hulse reported in yesterday’s New York Times that, “As hard as it may be for lawmakers and the White House to reach an agreement to raise the federal debt ceiling in the coming weeks, striking a budget bargain is just the beginning of the real work.

“When and if bipartisan talks being overseen by Vice President Joseph R. Biden Jr. produce some combination of spending cuts, major program changes and revenue increases, the House and Senate must then assemble those various agreements into legislative form and approve them.

“While many members of Congress might like the overall framework of any budget deal, some are sure to balk at the legislative detail required to wring money out of popular programs like farm subsidies, Medicaid and Medicare or to force federal retirees to kick in more of their own money for their pensions.”

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