Appropriation bills have more impact than budget

Some in agriculture have expressed concern with the fiscal year 2012 budget resolution offered by House Budget Chair Paul Ryan, R-Wisc. Among other things, the proposal would make heavy cuts from commodity, crop insurance and trade promotion programs. The plan would cut farm programs by US$30 billion (€20.72billion) over 10 years, a reduction that would put considerable pressure on 2008 Farm Bill energy title programs, and slashes conservation funding by US$18 billion (€12.435billion) over the next decade.

There is some opposition from other House members as to the size of the cuts to agriculture. Ranking Member of the House Agriculture Committee Collin Peterson, D-Minn., says that planned cut is three times the US$10 million (€6.908 billion) in farm program cuts that President Obama's deficit commission had called for. Read more ...

This blog is written by Martin Little The Global Miller, published and supported by the GFMT Magazine and International Milling Directory from Perendale Publishers