January 19, 2020

WSJ Video: Everything You Need to Know About the Fiscal Cliff

Categories: Budget

From The Wall Street Journal, October 31- “Last August, President Obama and Congress put the U.S. economy on course to go over a ‘fiscal cliff.’ WSJ’s David Wessel tells you everything you need to know about the ‘cliff’ but were afraid to ask.”


Farm Bill; Trade; Ag Economy; and, MF Global

Farm Bill–Policy Issues (Sugar, School Lunches, Dairy, Hurricane Variables) and Political Notes

Erik Wasson reported yesterday at The Hill’s On the Money Blog that, “Candy-makers are using Halloween to try to get Congress to kill the U.S. sugar support program.”

The article noted that, “The sugar program supports sugar beet and sugarcane growers by restricting imports of sugar. It also limits the amount of domestic sugar that can be sold as long as imports remain low.

“The American Sugar Alliance, which represents farmers, has argued that sugar program does not affect the budget and that removing support for sugar farmers could make the U.S. overly dependent on imports.”

Elahe Izadi reported yesterday at National Journal Online that, “On Oct. 25, the group [American Sugar Alliance] put out a Halloween-themed statement of its own that accuses the candy industry of charging consumers more for products while paying sugar farmers less.”