Farm Bill Issues
The “Washington Insider” section of DTN reported on Friday (link requires subscription) that, “House Majority Leader Eric Cantor, R-Va., this week again left the 2012 farm bill off a list of measures the House will consider this summer, leaving lawmakers and lobbyists with the impression that the legislation has little chance of coming up before the August recess.
“In a news release, Cantor said the House will take up tax-related legislation and a moratorium on new regulations in the two weeks before the recess. The House’s last day in session before the break is Aug. 3, with a return date of Sept. 10. And between that return date and the planned post-election lame duck session, the House will be in session just 13 days.
“Supporters of the bill say that failure to pass it before the August recess robs House and Senate negotiators of the chance to craft a compromise during the break and raises the likelihood Congress will have to extend the farm law beyond its Sept. 30 expiration.”
Secretary of Agriculture Tom Vilsack on the impact of the drought on food prices and efforts to get the Farm Bill passed.