Tue, Sep 30, 2014, 6:44 AM EDT - U.S. Markets open in 2 hrs 46 mins

Recent

% | $
Quotes you view appear here for quick access.

Deere & Company Message Board

  • bluecheese4u bluecheese4u Aug 2, 2013 8:09 PM Flag

    Pelosi predicts no farm bill by October deadline

    Pelosi predicts no farm bill by October deadline

    Mike Lillis - 08/02/13 12:27 PM ET

    House Minority Leader Nancy Pelosi (D-Calif.) said Friday she has little faith in Congress to pass a farm bill by the Oct. 1 deadline.

    "[I'm] not confident, unfortunately," Pelosi told reporters in the Capitol.

    The Democratic leader said the news that Republicans want $40 billion cut from the food stamp program would move the House bill so far to the right that a conference with the Senate bill could prove unworkable.

    She urged GOP leaders to take the farm bill they passed earlier in the month, which extends current farm policy but doesn't include food stamp provisions, and send that to the bargaining table with the Senate.

    "Let's just go to the table," she said. "Even with that bill, as horrible as it was, at least it's a path to the conference table. But to put their members on record as supporting $40 billion in cuts really makes the path back even harder."

    Pelosi's remarks echo the warning from Rep. Collin Peterson (Minn.), the senior Democrat on the House Agriculture Committee, who predicted Thursday that the steep cut to food stamps would make compromise with the Senate impossible.

    "Adding an additional $20 billion in nutrition cuts, on top of the poison pill nutrition amendments that brought down the Agriculture Committee’s bipartisan farm bill in June, effectively kills any hopes of passing a five-year farm bill this year," Peterson said.

    GOP leaders say their food stamp cuts are designed simply to ensure that only those who need the federal assistance are getting it. The office of House Majority Leader Eric Cantor (R-Va.) said the changes are "common sense."

    "Majority Leader Cantor and [Agriculture] Chairman [Frank] Lucas have worked with members to present a stand alone nutrition bill building on those reforms already considered by the House," Cantor spokesman Doug Heye said Thursday. "That will include common-sense measures, such as work requirements and

 
DE
82.34-0.49(-0.59%)Sep 29 4:02 PMEDT

Trending Tickers

i
Trending Tickers features significant U.S. stocks showing the most dramatic increase in user interest in Yahoo Finance in the previous hour over historic norms. The list is limited to those equities which trade at least 100,000 shares on an average day and have a market cap of more than $300 million.