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House Budget Committee releases new budget proposal
Story Date: 3/21/2012
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Source: NATIONAL ASSOCIATION OF STATE DEPARTMENTS OF AGRICULTURE, 3/20/12
Today Rep. Paul Ryan (R-WI) released his proposal for the FY2013 Budget. On the agriculture side, the proposal would reduce spending by $30 billion over 10 years by reducing direct payments and reforming crop insurance so that agriculture producers take on more responsibilities related to managing risk. The proposal did note that these savings would not begin until the passage of a new farm bill.
In addition to curtailing farmer's safety net, the proposed budget would convert the Supplemental Nutrition Assistance Program (SNAP) into a block grant program administered by the states.
In a statement, House Agriculture Committee Chairman Frank Lucas (R-OK) cautioned about "reading too much into the numbers or policy proposals in either the President's budget or the Ryan budget" and stated that his committee was committed to writing a "fiscally responsible Farm Bill that ensures Americans continue to have a safe, affordable, and stable food supply."
The bill is scheduled for full committee markup on March 21, 2012. |
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