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
 

Omnibus Spending Bill Hits Snag

A small provision in the measure would have allowed Congressional staff a peek at your tax records. Congress will repair the measure in December. Ag provisions remain settled. Compiled by staff
Compiled by staff 
Published: Nov 26, 2004

That $821 billion Omnibus Appropriation bill for fiscal 2005 was approved by both the House and Senate last weekend, but it won't be signed into law by President George W. Bush before December. It appears an overlooked provision of the measure would have allowed Congressional staff to look at any individual's confidential tax records. Once lawmakers found the measure, according to wire reports, they wanted it pulled from the bill.

That means the measure won't head to the White House for signing until a subsequent resolution killing the provision is passed. The resolution will be taken up sometime in December.

Ag spending in the bill is settled and locked at $83.3 billion for 2005. Discretionary spending is set at $17 billion and about 1% under what was appropriated in 2004. Much of the reduction is due to lower-than-expected program expenditures in light of stronger commodity prices.



Permalink: Click here

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
The Buzz: Grain Market Chaos Continues
Morning Call by Bryce Knorr
Weekly Fertilizer Review
Satellite Imagery Shows the Good and the Bad
CRP Signup Results Announced
Farm Markets Rise Ahead of Holiday
Livestock Call By John Otte
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