On the recordJuly 14, 1993
Well, some of that will be. Some of the fall's money, I think, will have to come out of the next fiscal year, maybe. But keep in mind, that may be a wash on the Federal budget, because the more crop land that's taken out of production, the more you'll have some upper pressure on prices, and probably less crops in the loan program. So while we'll spend more Federal money in some senses on these crop losses, we'll spend somewhat less in other areas. And we're just going to have to work that through as we go along. Some of that money will be covered under existing Federal law. Some of it will be covered probably by the next fiscal year. Some of it, we may have to come back in for another supplemental appropriation. We're just going to have to play it by ear because we literally won't know. Senator Grassley and Senator Harkin were both commenting, along with your congressional delegation today and of course Governor Branstad, who is a farmer, they were all saying we won't know the full extent of the farm losses until the fall. And so we'll play it by ear, and as they become evident, we'll do what's appropriate. Mr. Mickelson. The way it was handled in Hurricane Andrew, we'll try to duplicate that? Some cases, the matching funds, requirements from the States and localities was waived in the case of Hurricane Andrew. Will that be the case here in Iowa?
Source
govinfo.gov




