Last-Minute Attempt Surfaces to Get Farm Bill Completed Soon

01:20PM Feb 10, 2012
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Two key Democratic senators are pushing an expedited process by which a version of farm bill draft language would be attached to a must-have extension of the payroll tax holiday/extension, which is set to expire Feb. 29.

Senate Finance Committee Chairman Max Baucus (D-Mont.) and Senate Budget Committee Chairman Kent Conrad (D-N.D.) are flexing their legislative muscles in pushing either their version of the farm revenue assurance package or the Ag Risk Coverage language that was part of the ill-fated effort to attach that to the failed Super Committee effort to find $1.2 trillion in debt reduction.

House and Senate Ag Committee leaders have not yet commented officially on the apparent initiative, but usually reliable sources signal a committee markup of a hoped-for consensus bill will sought.

The farm bill linkage would serve as partial budget offset to extending the payroll tax relief measure. The package that Ag panel leaders sought to include in the failed Super Committee effort would save $23 billion over 10 years.