Request Line: (870) 277-1080 [email protected]
Text Your Gift to KLEK1 to 44-321 LEARN MORE

Your Community Radio Station is possible thanks to this supporter!  Become an underwriter.

Boozman Warns Reconciliation Bill Could Mean Massive Cuts in Farm Support Programs

Written by Press Release

March 3, 2021

WASHINGTON—U.S. Senator John Boozman (R-AR), Ranking Member of the Senate Committee on Agriculture, Nutrition, and Forestry, warned passage of the pending budget reconciliation bill could trigger massive cuts in farm support programs – potentially zeroing out all farm program spending over the next five years. 

As Senate Democrats rush to move their reconciliation bill, Boozman pointed to the possibility the legislation could result in automatic spending cuts under statutory pay-as-you-go (PAYGO) rules.

“Triggering PAYGO is a very real risk that this bill carries, and if that happens, our family farmers will be among those who will be hurt the most. In their rush to fill this bill with non-COVID related spending, Congressional Democrats have recklessly put the farm community at risk just when the agriculture economy is starting to turn a corner after several difficult years,”Boozman said.

Under statuary PAYGO, the Office of Management and Budget (OMB) is required to maintain five and ten year scorecards that show the cumulative estimated deficit impacts of legislation. If either scorecard indicates a net increase in the deficit, OMB is required to order a sequestration of all non-exempt programs, which includes important farm safety net programs.

PAYGO sequestration cuts can be prevented by waiving the cuts, but that requires 60 votes. This is a threshold Senate Democrats are seeking to avoid by utilizing the reconciliation process to pass their legislative priorities like a bailout fund for states.

“Agricultural producers have faced tough economic times over the last several years. Instead of continuing the precedent of working together on COVID relief, the Biden Administration and Congressional Democrats have opted to use reconciliation so they could pass unrelated items from their wish list. It is wrong to ask our farmers to pay for all this additional non-COVID spending,” Boozman said.

Original article source: https://www.boozman.senate.gov/public/index.cfm/2021/3/oozman-warns-reconciliation-bill-could-mean-massive-cuts-in-farm-support-programs | Article may or may not reflect the views of KLEK 102.5 FM or The Voice of Arkansas Minority Advocacy Council

0 0 vote
Article Rating

Related Articles

Boozman, Cotton Support Allowing Military Spouse Occupational Licenses to Follow Service Families

WASHINGTON–U.S. Senators John Boozman (R-AR) and Tom Cotton (R-AR) joined a number of their Senate colleagues to introduce the Military Spouse Licensing Relief Act, bipartisan legislation that would give military spouses Read more

America’s Favorite Pastime Should Unify Rather Than Divide

Throughout the COVID-19 pandemic, sports embodied the optimism we all shared for better days ahead. Now, unfortunately, we are seeing just how eager some are to use them as a tool to advance agendas and Read more

Boozman Shares Success Stories of Arkansas Businesses for PPP Anniversary

WASHINGTON – U.S. Senator John Boozman (R-AR) recognized Arkansas small businesses for their successful participation in the Paycheck Protection Program (PPP) in commemoration of the first anniversary of the lifeline’s launch.Congress Read more

Delivering a Lifeline to Small Businesses

Congress took aggressive action last year to respond to the public health and economic crisis caused by the COVID-19 pandemic. In a matter of days, Republicans and Democrats came together Read more

Comments

Subscribe
Notify of
0 Comments
Inline Feedbacks
View all comments

Your Community Radio Station is possible thanks to this supporter!  Become an underwriter.

Pin It on Pinterest