US Farm Bill Update
A bipartisan conference committee framework document has been pitched to USDA, the White House and Senate members in an attempt to move forward the stalled Farm Bill.
The proposal would rewrite large sections of already-approved House and Senate farm bills in hopes of jumpstarting conference committee action to complete a bill before March 15 when the temporary extension of 2002 farm programs expires.
The goal is to avoid a Farm Bill veto by President Bush over the bill’s cost and to find a way to pay for the package without heavy business tax increases as envisioned in the original House and Senate offset bills.
