A government shutdown and no Farm Bill

It is easy to conflate the government shutdown with the lack of passage of the Farm Bill.  However, while the expiration of the Farm Bill and government shutdown occurred on the same date (October 1), they are, in fact, two separate albeit related issues.  Lets go through the status of each:

Government Shutdown:

There is not much more to say other than it continues.  As of this writing, the Senate is hammering out a potential deal to re-open the government and extend the debt ceiling.  The government shutdown continues to delay direct payments and other programs, as discussed previously.

Farm Bill:

The Farm Bill actually expired two years ago and, until October 1, a continuing resolution was in place.  As of today, the House has named its conferees, in response to the Senate’s naming of conferees.  There is some speculation that the Farm Bill could be part of a larger package to reopen the government.  One of the few areas of agreement between the Senate-passed bill and House-passed bill is the reduction of crop insurance subsidies for high-income earners.  Otherwise, for a complete run-down of the Farm Bill status, click here.

 

Leave a Reply

Fill in your details below or click an icon to log in:

WordPress.com Logo

You are commenting using your WordPress.com account. Log Out / Change )

Twitter picture

You are commenting using your Twitter account. Log Out / Change )

Facebook photo

You are commenting using your Facebook account. Log Out / Change )

Google+ photo

You are commenting using your Google+ account. Log Out / Change )

Connecting to %s