Political Quotes

“I rise in support of H.R. 882. Natural disasters and low commodity prices have forced many farmers and ranchers to seek government loans to cover operating and ownership expenses. In fact, in many states, funds available for these USDA programs have already been exhausted, creating a credit crunch at a time when these loans are absolutely necessary to cover producers expenses. H.R. 882 will immediately make available to the Secretary of Agriculture $450 to $500 million in unused funds in order to guarantee loans to farmers and ranchers. These unused funds are currently set aside for the Beginning Farmers and Ranchers program but were not to be available until April 1. Because it is not anticipated that these funds will ever be used by this program it makes sense to have them available for those most in need. This bill requires no new net government outlays and will have no effect on the federal budget. It is a common-sense reaction to the problems facing rural America today and it deserves our full support.”