As the House of Representatives works on passing its version of the Farm Bill this week, a report yesterday from the Kansas City Fed noted that, "bankers in the Tenth Federal Reserve District reported lower farm income and credit conditions for the fifth straight year." Meanwhile, a recent Wall Street Journal article pointed out that ongoing drought conditions in the southern Great Plains "could punish the agricultural sector, affecting everything from cotton to cattle to farming-equipment sales." Today's update looks briefly at these reports regarding the agricultural economy as well as recent articles highlighting House Farm Bill developments.
House Ag Committee Ranking Member Collin Peterson (D., Minn.) was a guest on Wednesday's “Adams on Agriculture” radio show with Mike Adams. Rep. Peterson provided his perspective on the status of Farm Bill legislation that was approved by the Committee last month.
House Ag Committee Chairman Mike Conaway was a guest on Thursday's "Adams on Agriculture" radio show with Mike Adams. The Texas Republican provided his perspective on the status of Farm Bill legislation that was approved by the Committee earlier this month.
On Wednesday, the House Ag Committee passed the Agriculture and Nutrition Act of 2018 (H.R.2) on a partisan 26-20 vote. Democrat Members of the Committee expressed frustration over the bill, while Committee Chairman Mike Conaway (R., Tex.) noted that, "I’m disappointed that my Democrat colleagues have turned their backs on America’s heartland – that they’ve chosen partisan politics over the three years of bipartisan work in this committee. Democrats halted talks over their objection to requiring work-capable adults to either find employment or receive free training for 20 hours per week. Yet, despite this turn of events, I remain hopeful."
On Thursday, the House Agriculture Committee released its draft of the Farm Bill. As expected, the nutrition title of the measure, which includes the SNAP program (food stamps) has garnered the most attention.
Kristina Peterson reported on Sunday at The Wall Street Journal Online that, "House Speaker Paul Ryan’s long-sought goal of overhauling welfare programs will get a kick-start when Congress returns to Washington this week, as Republicans prepare to release a new, five-year farm bill that would impose tougher work requirements to get food stamps.
On Wednesday, House Agriculture Committee Chairman Mike Conaway (R., Tex.) was a guest on the Adams on Agriculture radio program where he discussed the Farm Bill and SNAP issues with host Mike Adams. An audio replay of their discussion can be heard here (MP3- 8:00 minutes), and a transcript of the program is available here.
On Saturday, House Ag Committee Chairman Mike Conaway (R., Tex.) delivered a speech to the Texas and Southwestern Cattle Raisers at their 2018 Convention in Ft Worth. And on Monday, House Ag Committee Ranking Member Collin Peterson (D., Minn.) was a guest on the Adams on Agriculture radio program. In their respective remarks, both lawmakers discussed Farm Bill issues and the SNAP program. Today's update includes a summary of the key points made by the top lawmakers on the House Ag Committee.
An article at Politico on Thursday indicated that bipartisan negotiations over the Farm Bill had stalled due to issues surrounding the nutrition title of the new measure. More specifically, the Politico article stated that, "Democrats are revolting to potential changes to the Supplemental Nutrition Assistance Program, or SNAP, still commonly known as food stamps." Also on Thursday, USDA's Economic Research Service (ERS) released a detailed annual report that explored fiscal year 2017 federal data related to USDA nutrition programs, including SNAP. Today's update looks at this ERS report in more detail, and also touches briefly on a SNAP related report released last week by the Center on Budget and Policy Priorities.
Farm Bill issues related to the Supplemental Nutrition Assistance Program (SNAP- food stamps) appear to be hampering progress on the measure this week. Today's update highlights recent news items that discuss the current impasse over SNAP provisions that are currently being discussed.