Traverse City Record-Eagle

Business

May 16, 2013

House panel set to OK cut in food stamp program

(Continued)

The Senate bill would eliminate direct payments immediately, while the House bill would phase out payments to cotton farmers, who rely on the program, over the next two years.

Like the Senate bill, the House measure also includes concessions to Southern rice and peanut growers who also depend on direct payments. The bills would lower the threshold for rice and peanut subsidies to kick in when prices drop.

There are protections for other crops as well. Both bills would boost federally subsidized crop insurance and create a new program that covers smaller losses on planted crops before crop insurance kicks in, favoring Midwestern corn and soybean farmers, who use crop insurance most often.

The committee made no changes to the subsidy programs in the bill Wednesday, and Lucas made no apologies for broadening some farm programs.

“Let’s give certainty to an industry that has been a bright spot in an otherwise dismal economy,” he said as he opened the committee meeting.

The farm bill passed the Senate last year but the House declined to take it up after conservatives in that chamber objected to the cost and insisted on higher cuts to food stamps. This year, the full House will consider the bill.

------

Follow Mary Clare Jalonick on Twitter: http://twitter.com/mcjalonick

Text Only

the BIZ

AP Video
Raw: Israel Bombs Multiple Targets in Gaza Veteran Creates Job During High Unemployment Raw: Cargo Craft Undocks From Space Station Widow: Jury Sent Big Tobacco a $23B Message New Orleans Plans to Recycle Cigarette Butts UN Security Council Calls for MH 17 Crash Probe Obama Bestows Medal of Honor on NH Veteran Texas Sending National Guard Troops to Border Hopkins to Pay $190M After Pelvic Exams Taped Foxx Cites Washington 'Circus Mirror' NASA Ceremony Honors Moon Walker Neil Armstrong Obama Voices Concern About Casualties in Mideast Diplomacy Intensifies Amid Mounting Gaza Toll AP Exclusive: American Beaten in Israel Speaks Obama Protects Gay, Transgender Workers Raw: Gaza Rescuers Search Rubble for Survivors Raw: International Team Inspects MH17 Bodies Raw: 25 Family Members Killed in Gaza Airstrike US Teen Beaten in Mideast Talks About Ordeal 'Weird Al' Is Wowed by Album's Success
Hyperlocal Search
Premier Guide
Find a business

Walking Fingers
Maps, Menus, Store hours, Coupons, and more...
Premier Guide