McConnell Reportedly Opposes Portions of Farm Bill Extension

December 31, 2012 01:46 PM
 

via a special arrangement with Informa Economics, Inc.

Opposes new dairy program | disaster aid also a hurdle

NOTE: This column is copyrighted material, therefore reproduction or retransmission is prohibited under U.S. copyright laws.


Senate Minority Leader Mitch McConnell (R-Ky.) reportedly does not go along with an extension of the 2008 rm Bill proposed by Senate and House Agriculture committee leaders this weekend and instead made an offer that would omit disaster assistance and extend a dairy program that producers want to replace.

The plan also would not fund energy provisions and other expired programs that were in the 2008 Farm Bill, a decision that Senate Agriculture Chairwoman Debbie Stabenow (D-Mich.) calls "absolutely outrageous."

"Without consultation with me or the chairman in the House, we now have a partial extension," Stabenow said in a speech on the Senate floor. "They not only do not extend all the titles, but they do not include critical disaster assistance."

The agreement that Stabenow and House Agriculture Chairman Frank Lucas (R-Okla.) worked out would provide nearly $850 million in disaster aid and set up a new dairy revenue support program known as the Dairy Security Act (DSA). The disaster aid, under the committees’ deal, would be funded by a small cut in the annual direct payments by reducing the base acres the payment are made to 82.5 percent.

McConnell’s plan reportedly would extend the Milk Income Loss Contract (MILC) program at lower rates that took effect in September. At those rates, the program would provide no payments to farmers in 2013.

The farm bill extension language is fluid and thus could still change.


 

NOTE: This column is copyrighted material, therefore reproduction or retransmission is prohibited under U.S. copyright laws.


 


 

 

 

 

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