Case IH Power Tab

Farm Futures
   Search Site:   Saturday, May 26, 2012 | Bookmark This Site   
Skip Navigation Links
Home
Markets
News
Weather
Farm Futures NOW!
Magazine Online
RSS News
Land For Sale
Mobile
Subscribe
Reprints
Register
Login
About Us
Advertise
 
Share This
 

Final Days for Committees to Make Recommendations to Super Committee

Senate Agriculture Committee trying to get bipartisan recommendation to joint committee.
Compiled by staff 
Published: Oct 12, 2011

Committees are supposed to have recommendations to the Super Committee charged with reducing the federal deficit by the end of the week. Senator Chuck Grassley, R-Iowa, says there's an effort in the Senate Ag Committee to get a bipartisan suggestion together.

"If we don't get a bipartisan agreement in the Agriculture Committee I'm sure that the Agriculture Republicans are going to have a suggestion, but I know right now in agriculture there is a real possibility of getting a bipartisan agreement," Grassley said. "Understand though that the Super Committee can accept, reject or change in any way suggestions that we may have. From that standpoint I think they would be smart to take the suggestions of the various committees because then I think they have better chance of getting the support of that committee for their final product."

Grassley says the bipartisan recommendation would include agricultural savings of between $20 billion and $33 billion with a safety net much different than counter-cyclical and direct payments and would have a lot of emphasis on revenue sharing and crop insurance.

Grassley says there seems to be some belief that nutrition programs, which make up the vast majority of farm bill spending, shouldn't be cut at all. But Grassley says several Republicans are taking the view that you should at least be able to get 1% out of any program.

Once the super committee has received recommendations - they will have until Dec. 2 to formally report proposals. Dec. 23 is the deadline for the House and Senate to vote on their proposals without amendment.



Permalink: Click here

Tagged: farm, farm bill, SURE, insurance

Comments
Read comments from others and share your own thoughts.
Please provide the answer to the following question:

 = 
 
Search this site:   

Read More Stories
USDA Seeks Comment on Report Timing
Read this storyWith new market hours,USDA is looking into the right time to release information to the market.
Read this story

Weekend Forecast Changes Pivotal for Grain Futures
Read this storyEurope remains a concern, but the big driver on Tuesday will likely be the state of next week’s anticipated Midwest rains.
Read this story

Farm Markets Rise Ahead of Holiday
Read this storyOvernight boost based on positive comments from Europe aimed at pressuring Germany.
Read this story

 
USDA Seeks Comment on Report Timing
Afternoon Recap by Arlan Suderman
Weekend Forecast Changes Pivotal for Grain Futures
Satellite Imagery Shows the Good and the Bad
The Buzz: Grain Market Chaos Continues
Farm Markets Rise Ahead of Holiday
CME Group Alters Hours…Again
Morning Call by Bryce Knorr
Weekly Fertilizer Review
Top 50 Tags
4-H afternoon recap American Farm Bureau Federation American Soybean Association animal health arlan suderman biodiesel biofuels bryce knorr BSE Bushel checkoff cotton Drought Environmental Protection Agency EPA ethanol Extension extension service farm farm bill Farm Bureau farm futures farm futures magazine farm futures market farm progress Farm Service Agency farmfutures farmfutures.com farming farmprogress.com fertilizer FFA free trade agreement Harvest insurance labor legal National Cattlemen's Beef Association National Corn Growers Association NCGA soybean soybean association soybeans SURE usda wheat winter wheat www.farmfutures www.farmfutures.com