Last week, House Appropriations Chair Nita Lowey, D-N.Y., proposed excluding the farm bailout, which could cost almost $30 billion, from a short-term spending bill aimed at preventing a government shutdown on Oct. 1. But a number of moderate House Democrats, many representing rural districts, objected and said the continuing resolution should include language safeguarding the farm bailout program, Werner and Stein report.
Agriculture Committee Chair Collin Peterson, D-Minn., emphasized in a statement on Monday that he and other committee leaders were trying to protect the farm bailout. "As members of Congress who represent agricultural communities, we repeatedly hear from farmers in our districts whose livelihoods have been severely impacted by the ongoing trade wars," the statement said. "Although we mutually have concerns with President Trump’s approach to trade negotiations, we refuse to engage in the same tactics that punish our constituents and harm our communities that rely on agriculture. ... We cannot and will not allow our farmers to be used as political pawns."
If Congress does not approve the farm bailout, some of the money Trump has promised may not be paid on the administration's schedule. That's because the Depression-era program Trump is using for the program has a $30 billion borrowing limit, and it's expected to hit that limit this year before the second round of bailout payments are completed, Jeff Stein and Mike DeBonis report for the Post.
from The Rural Blog https://ift.tt/302TEah Moderate House Democrats pressure Approps chair to include farm bailout money in continuing resolution bill - Entrepreneur Generations
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