I appreciate that. We can work on that. The Senator may not be wrong on that. That may be closer to what we probably should be doing. There are other things in that disaster part I tell the Senator to look at. We did not completely fill the needs of last year's disaster. I think the Senator from North Dakota can talk about that. We had about $300 million in our bill just to meet the disaster needs of last year that were not fully paid for. So I ask you to look at that. You may be right on not anticipating or knowing exactly where the Mid-Atlantic States are right now. But there are other things we had in our disaster bill that we do know about and that do need to be addressed. Lastly, I want to say again, on the payments to oilseeds, which is in the Senator's bill, which is about $500 million, this really gets to the heart of whether we should have all AMTA payments or some mix of that and LDPs. Under AMTA payments, of course, you don't get any payments for soybeans. Under LDP, you do. Under the proposal we had, which our side offered yesterday, under LDP, we estimated there would be about $1 billion that would go to soybean producers for their losses this year. Under the amendment offered by the Senator from Kansas, there is $500 million in payments to all oilseeds, including soybeans. So we had not only $1 billion in the LDP, we had about $1 billion in purchases. So the $500 million is about a fourth of what we estimated the need would be for oilseeds.
Tom Harkin: “I appreciate that. We can work on that. The Senator may not be wrong on that. That may be closer to what we probably…”
Editor's note · Context
Discussing disaster relief funding and payments to oilseed producers during Senate floor debate.
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