John Hoeven actually said...
I mean, look at the price of a tractor or a combine or any kind of tillage equipment, the price of land, your cost of inputs, right? I mean, is it not just common sense that we have got to increase both the guarantee limit and the loan limit, and actually the underlying funding amount, particularly as our farmers go through this challenging time with drought and with low prices.
Context
Hoeven emphasizes the need to increase loan guarantees and limits due to rising costs for farmers.
07/24/2017