FarmPolicy

April 19, 2014

AFBF President Bob Stallman on Farm Bill Extension

Categories: Farm Bill

American Farm Bureau Federation (AFBF) President Bob Stallman discusses the nine-month extension of the Farm Bill recently passed by Congress.

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Sen. Reid Remarks on the Farm Bill in the Fiscal Cliff Deal

Categories: Farm Bill

On the Senate floor today, Majority Leader Harry Reid (D., Nev.) remarked briefly on the Farm Bill extension in the fiscal cliff deal passed by Congress.

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Fiscal Cliff and the Farm Bill

Categories: Budget /Farm Bill

Lisa Mascaro and Kathleen Hennessey reported last night at the Los Angeles Times Online that, “The House voted Tuesday to roll back income tax increases on the vast majority of Americans, finalizing a deal on the so-called fiscal cliff after weeks of gridlock.”

The article explained that, “The final tally, 257 to 167, included support from 172 of the chamber’s Democrats and just 85 of the majority Republicans, far fewer than half. The vote divided House GOP leaders, with the second- and third-ranking Republicans, Eric Cantor of Virginia and Kevin McCarthy of Bakersfield, among the 151 in their party voting no. Speaker John A. Boehner (R-Ohio), casting a rare vote, and Rep. Paul D. Ryan (R-Wis.), the House Budget Committee chairman and 2012 vice presidential nominee, voted in favor.

“Once signed by President Obama, the bill will allow taxes to rise for those with incomes above $400,000 for individuals and $450,000 for couples. It also will renew tax credits aimed at low-income households and college students, extend unemployment benefits, delay automatic spending cuts in defense and other government programs for two months, and resolve several other issues that Congress had left hanging.

What it will not do is match the ambitious goals set by Obama and Boehner for a ‘grand bargain’ that would put the government on a path to a balanced budget. Instead, the compromise sets up another deadline two months hence for Congress to once again deal with the government’s budget.”

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