Congressional negotiators failed to meet the Nov. 1 deadline for proposing farm-program cuts to the Joint Select Committee on Deficit Reduction, generally known as "the super committee," and are still working on a package. Meanwhile, the Congressional Research Service has issued a report that helps explain the programs and proposals in play.
"Various federal budget proposals have emerged that recommend lower federal spending including cuts to agriculture programs ranging from $10 billion to $40 billion over 10 years," CRS reports. "In response, members of Congress, the administration and a number of farm groups have put forward proposals to reduce government expenditures on farm subsidies and revise farm programs. . . . Other ideas have also been proposed but are not discussed here because of duplication or due to insufficient information at time of publication." For the report, click here.
"Various federal budget proposals have emerged that recommend lower federal spending including cuts to agriculture programs ranging from $10 billion to $40 billion over 10 years," CRS reports. "In response, members of Congress, the administration and a number of farm groups have put forward proposals to reduce government expenditures on farm subsidies and revise farm programs. . . . Other ideas have also been proposed but are not discussed here because of duplication or due to insufficient information at time of publication." For the report, click here.
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