Milk and Dairy Prices Set to Rise as Farm Bill Expires

By: Monday October 1, 2012 1:16 pm

The farm bill expired today, reverting some programs back to a 1949 level and totally eliminating others. The other day I looked at the consequences of expiration, and while many elements didn’t have much of an impact until the end of the year, in particular milk and dairy farmers were likely to feel the pinch [...]

Farm Bill Set to Expire as Congress Leaves for Elections

By: Friday September 21, 2012 7:08 am

Today is the last day of the legislative session before Election Day. Lawmakers will go home to campaign on September 21, which is the earliest date during an election cycle in decades. And they leave a lot of pending legislation on the table. As John Boehner announced in the above clip, the House plans to [...]

Farm Bill Stalled, Programs Set to Expire September 30

By: Thursday September 13, 2012 6:11 am

While the House will pass their six-month stopgap budget bill today, pushing government spending authority out to March, one other September 30 deadline remains outstanding, and Congress looks prepared to let it expire. That would be the authorization for farm programs. If nothing is done, the farm programs would revert back to the policy of [...]

Drought Relief Bill Passes House, But Won’t Help Livestock Producers Through August

By: Friday August 3, 2012 8:15 am

The House of Representatives passed their one-year drought relief bill by a relatively thin margin yesterday, 223-197. They needed 35 votes from Democrats to get it across the line, as 46 Republicans begged off the bill. Here’s the roll call. The House passed this on the last possible day of the session before the August [...]

Bid to Restore Food Stamp Cuts Fails in Senate

By: Wednesday June 20, 2012 8:15 am

Hundreds of thousands of food stamp recipients will lose at least $90 a month in benefits, after an amendment to the farm bill failed badly in the Senate. The Senate overwhelmingly rejected a bid to preserve some $4.5 billion in food stamps funding, as part of the massive farm bill, on Tuesday. The amendment to [...]

Farm Bill Would Slash Food Stamps In Favor of Corporate Subsidies to Crop Insurers

By: Wednesday June 13, 2012 12:49 pm

The farm bill is always one of the more sausage-making bills in Congress, actually literally so. Every five years agribusiness interests and the politicians who get contributions from them divy up a giant pot of money and ensure that the corporate welfare can keep flowing. In previous years, subsidies went to commodity crops like corn [...]

Now Everyone in Congress Wants to Pass the STOCK Act

By: Wednesday November 16, 2011 8:17 am

I thought the 60 Minutes piece on insider trading by members of Congress had quite a few holes in it, but it did call attention to the indefensible fact that members of Congress have no restrictions on insider trading. The conceit is that all hearings, votes, etc. in Congress are a matter of public record, [...]

Senate Will Vote on Crippling EPA Greenhouse Gas Regulations

By: Wednesday April 6, 2011 10:29 am

The House will vote on a meaningless bill today to basically destroy the EPA as we know it. But the Senate has been puzzling over how to react to said meaningless bill for months. There are Democrats – led by Jay Rockefeller – who want a kinder, gentler version of EPA destruction, blocking its ability [...]

Senate Likely to Repeal Health Care 1099 Provision Today

By: Tuesday April 5, 2011 6:55 am

The Senate has two votes planned this morning on HR 4, a bill already passed by the House that would repeal the 1099 reporting provision that would have required all businesses as of 2012 to report all vendor purchases over $600 to the IRS. This would have increased tax collection, according to the CBO, by [...]

Health Care Repeal Fails, But Senate Repeals 1099 Requirement

By: Thursday February 3, 2011 6:30 am

Last night the Senate rejected an attempt to repeal the health care reform law. However, what they did repeal – and more important, how they paid for it – provides a signal for how the deficit debate will go on Capitol Hill. And it’s not a particularly good signal. All Democrats voting held together against [...]

Health Care Repeal, 1099 Fix Votes Up Today

By: Wednesday February 2, 2011 8:44 am

We should see a vote in the Senate on repealing the Affordable Care Act today, although a decision on how to approach it is still being worked out. Because of the lack of Senate rules reform, any amendment is subject to filibuster as well. However, my understanding is that the amendment on repeal violates the [...]

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