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Sun Dec 30, 2012, 05:35 PM

Deal reached for stopping spike in milk prices

Source: AP

WASHINGTON (AP) The top leaders in both parties on the House and Senate Agriculture committees have agreed to a one-year extension of the 2008 farm bill that expired in October, a move that could head off a possible doubling of milk prices next month.

Senate Agriculture Committee Chairman Debbie Stabenow indicated that the House could vote on the extension as early as Sunday evening, though House leaders have not yet agreed to put it on the floor. In addition to the one-year extension that has the backing of the committees, the House GOP is also considering two other extension bills a one-month extension and an even smaller bill that would simply extend dairy policy that expires Jan. 1.

Expiration of those dairy programs could mean higher prices at the grocery store within a few weeks. Agriculture Secretary Tom Vilsack said Americans face the prospect of paying $7 for a gallon of milk if the current dairy program lapsed and the government returned to a 1948 formula for calculating milk price supports.

A spokesman for House Speaker John Boehner said Sunday afternoon that Republican leaders had not decided how they would proceed on the farm extension. Boehner has pushed back on passage of a new five-year farm bill for months, saying there were not enough votes to bring it to the House floor after the House Agriculture Committee approved it in July. The Senate passed its version of a farm bill in June.

More at link...

Read more: http://news.yahoo.com/deal-reached-stopping-spike-milk-prices-195347513.html

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Reply Deal reached for stopping spike in milk prices (Original post)
QED Dec 2012 OP
DallasNE Dec 2012 #1
MindPilot Dec 2012 #2
moman Dec 2012 #3
RobertEarl Dec 2012 #4
jeff47 Dec 2012 #5
bitchkitty Dec 2012 #6
bunnies Dec 2012 #7

Response to QED (Original post)

Sun Dec 30, 2012, 06:37 PM

1. This Stuff Isn't Rocket Science

So what is the big deal that Republicans can't grasp the concepts and sign off on a bill? It makes no sense that stuff never gets bedded down where failure to act results in going back to formulas signed into law by Harry Truman in his first term.

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Response to QED (Original post)

Sun Dec 30, 2012, 06:39 PM

2. Now unemployed people will still not be able to buy milk, but at a lower price! n/t

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Response to MindPilot (Reply #2)

Sun Dec 30, 2012, 06:43 PM

3. Yeh but...

They'll be safe in the knowledge that they live in a country that can destroy the world six times over!And am sure will happily agree that in order to maintain that distinction,no money can be axed from the bloated "defense" budget!

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Response to QED (Original post)

Sun Dec 30, 2012, 10:15 PM

4. Obama will just veto the bill.

Like he did the last one.

Isn't that why there is no farm bill... Obama is to blame because he vetoed it?

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Response to RobertEarl (Reply #4)

Mon Dec 31, 2012, 12:36 AM

5. You seem to be confused about how our system works

Obama can't veto bills that haven't left committee. They have to do that, then pass both houses of Congress.

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Response to QED (Original post)

Mon Dec 31, 2012, 12:52 AM

6. Oh boy! Mucous everywhere is celebrating! n/t

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Response to bitchkitty (Reply #6)

Mon Dec 31, 2012, 08:00 AM

7. +1

the blood & pus juice milk lobby is doing a happy dance!

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