Bill Clinton: “I think I'll let Secretary Espy answer that. We talked about that very thing on the airplane when we were about to land…”

“I think I'll let Secretary Espy answer that. We talked about that very thing on the airplane when we were about to land, and we saw how much land was under water. It was the first thing that came up when we were looking at the damage. Secretary Espy. This is something that we've been looking at a lot lately, as you might imagine. And since I returned to Washington from Iowa I've reviewed the law. And any outright waiver of the advance deficiency payment that you've already gotten is going to be really, really difficult to do, certainly if you're not in the program. But what we want to do is to extend the signing date for program crops, and we'll probably do it until the end of the month, July 31st, so that you can come in and declare your intent to plant another crop, particularly corn. Then you will fall in the 0-92, and then you could keep your advance deficiency payment. For those farmers that already have the payment, we can't waive it outright, but we'll certainly work with you to make sure we stretch out the payment, or we can go to Congress to ask that we have fallback authority to do some other things.”