Mr. Speaker, this is a modified, open rule. It is a good rule. It allows us to discuss federal agricultural policy as we deal with dramatic changes in agriculture. Last February, I served on the Committee on the Budget as well as the Committee on Agriculture, and last February we decided in the Committee on the Budget that we were going to include in the budget $6 billion from the year 2001 to 2004. The Budget Resolution funding would be to help farmers adjust to the challenges of survival that Americans now face. The 1996 Freedom to Farm legislation provides a phaseout of the old Government programs. The challenges now facing farmers, include subsidies to farmers in other countries that put our farmers at a disadvantage, reduced exports and Washington's lack of efforts to be more aggressive in expanding our trade. Certainly the greatest challenge this year are record-low prices that farmers receive for their commodities. So farmers today are receiving record low prices. For example, soybean price is the lowest in the last 30 years. Corn lower than the last 15 years. This bill helps farmers adjust.
Editor's note · Context
Discussing federal agricultural policy and challenges facing farmers.
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