Saxby Chambliss: “I will be happy to go back to my friend from New Jersey's recommendation that we go to $1,000 or $5,000 a ton limit. But…”

“I will be happy to go back to my friend from New Jersey's recommendation that we go to $1,000 or $5,000 a ton limit. But the gentleman is correct in saying that his amendment does fix the price. If I am wrong about that, please correct me. That flies in the face of everything we have tried to do from a reform of agriculture programs and in particular the peanut program, which is now market oriented. The growers of peanuts took a significant reduction of $678 a ton to $610 a ton in anticipation of selling their peanuts more in the world market. That is the whole idea behind it. What this amendment does is to come in and slap those folks in the face and say, irrespective of how much it costs you to grow it, how much it increases the cost of growing your peanuts next year, throw those facts out the door. The maximum you can get for a ton of peanuts is $640. That is wrong. It is un-American. It is price fixing. I urge my colleagues to vote against this amendment.”