January 21, 2020

Farm Bill; Ag Economy; Biofuels; Trade; and Regulations

Farm Bill: Budget and Spending Issues

Yesterday on the AgriTalk Radio Program, host Mike Adams interviewed Senate Agriculture Committee Chairwoman Debbie Stabenow (D-Mich.).  In part, Chairwoman Stabenow discussed the budget that the House of Representatives passed back in April, and the implications the agricultural portion of that budget is having on negotiations over the debt limit that are being spearheaded by Vice President Joe Biden.

Budget cuts for agriculture contained in the House measure, Chairwoman Stabenow noted, totaled some $48 billion.  By comparison, the recommendations from the President’s deficit reduction commission back in December, contained only $10 billion in proposed cuts to agriculture.

Chairwoman Stabenow indicated that, “So this $48 [billion] now has become something that is being held up in the negotiations since it passed the House and its created more extreme cuts than we otherwise would be seeing because they have changed the bar.  Instead of talking about $10 [billion] or whether its 10 or eight, or nine- now its 48 and someplace between 10 and 48.  So the kinds of numbers being talked about are of great concern to me and have become much larger because the House of Representatives actually passed the huge cuts in their budget.”

Chairwoman Stabenow also discussed the Agriculture Appropriations Bill that the House passed last Thursday.  To listen to a portion of yesterday’s AgriTalk discussion between Mike Adams and Chairwoman Stabenow, just click here (MP3- 4:18).