Bob Meyer reports for Brownfield, "There are growing indications there are not enough votes in the House and Republican leadership may pull the bill before it is scheduled to come to the floor Wednesday." Rep. Collin Peterson of Minnesota, top Democrat on the House Agriculture Committee, wants the extension only as a path to a conference on a five-year bill, but tea-party Republicans oppose that strategy. (Read more)
The nonpartisan Congressional Budget Office says one-year Farm Bill extension that House Republican leaders will try to pass this week, probably Wednesday, would reduce direct spending next year by $400 million, mainly by cutting conservation programs, "while disaster assistance programs to help livestock producers with the drought would receive increases in the short term," Amanda Peterka reports for Environment & Energy News, a subscription-only service.
Extending the cuts for 10 years, as is done in most federal budget estimates these days, would take $759 million from conservation programs. The Environmental Quality Incentives Program would be cut $350 million, with most of the cuts front-loaded to the near-term; the Conservation Stewardship Program would be reduced by $289 million, $31 million in most years.
Direct subsidy payments to farmers, which would be eliminated under farm bills approved by the House Agriculture Committee and the Senate, would be cut "$29 million a year starting in fiscal 2014, for a total reduction of $261 million over the next decade," Peterka reports. "Disaster assistance would increase by $365 million in fiscal 2013, $235 million in fiscal 2014 and $21 billion in 2015 to help farmers and ranchers devastated by the drought." For the CBO report, click here.