FarmPolicy

December 11, 2019

Bloomberg’s Alan Bjerga Discusses Sequestration Impacts on USDA- C-SPAN Today

Categories: Uncategorized

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USDA Chief Economist Says Production Up, Prices Down

From USDA, Feb. 27, “USDA’s chief economist says U.S. crop production should increase in 2013 and that could lead to lower prices for farmers.”

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Budget- Policy Issues; Farm Bill; Ag Economy; and, Immigration

Budget (Sequestration)- Policy Issues

Alan K. Ota reported yesterday at Roll Call Online that, “A split among Senate Republicans over what to propose as a substitute for the sequester has complicated plans for Senate votes this week on competing GOP and Democratic deficit reduction proposals.

“A GOP plan to grant federal agencies more flexibility to implement $85 billion in fiscal 2013 spending worries some Republicans, who fear the White House would use the measure to circumvent congressional budgeting authority.

“Meanwhile, Senate Majority Leader Harry Reid, D-Nev., filed cloture Tuesday on a motion to proceed to a Democratic alternative to the automatic budget cuts scheduled to go into effect Friday. Republicans are expected to introduce their alternative Wednesday, if their differences are resolved over whether to give the Obama administration more flexibility to make the $85 billion in fiscal 2013 cuts or embrace an alternative plan of spending cuts similar to sequester replacement legislation the House passed last year.”

The article pointed out that, “[S]ome Republicans have qualms about a proposal by James M. Inhofe, R-Okla., and Patrick J. Toomey, R-Pa., to give the administration flexibility to distribute the scheduled spending cuts. ‘There are some members of our conference who are suspicious of the administration taking advantage of such flexibility to punish their political enemies,’ said Minority Leader Mitch McConnell, R-Ky.”

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