The Agricultural Cliff

By: Monday December 10, 2012 11:55 am

Another serious cliff resulting from the silly way Congress does business concerns the failure to pass a farm bill earlier this year. The Senate passed its own with bipartisan support, the House Agriculture Committee passed a version and then the House leadership refused to put that onto the floor for a variety of reasons. They broke in September without a plan for passage, and the lame duck session has been consumed by negotiations through the media on the fiscal slope, without addressing the farm bill.

 

What Does It Mean When the Farm Bill Expires?

By: Friday September 28, 2012 4:00 pm

This Sunday, the deadline will expire on the current farm bill. Many programs will revert back to the 1949 permanent legislation. However, provisions in the continuing resolution will keep food stamps, crop insurance, farmer subsidy programs and other funding streams moving through the system. That continuing resolution sets the USDA budget and will allow full funding for most current programs.

That’s not true across the board, however. In particular, dairy farmers could feel a pinch.

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