I wish to carry on the discussion of the skyrocketing costs under the new farm bill. I wish to also quote from an article from the Omaha World Herald of February 25, 1996. The headline is: ``USDA: Dairy, Cereal Prices Expected to Rise.'' This story goes on to say that: Food prices in the United States are likely to increase less than the rate of inflation this year, with meat prices expected to decline, Government economists say. However, the price of milk should rise by 4 percent to 5 percent over last year because of the lowest surpluses of dairy products since the mid-1970's, the Agriculture Department said. This goes on to explain what is happening and what the freedom to farm policy, if you want to call it that, will do for both the consumers of America and the producers as well. Mr. President, I will further comment on an article from the Lincoln Journal Star of February 25, 1996, and this one is headlined: ``Bill Raises Farm Costs, Officials Say,'' by Robert Greene of the Associated Press. Washington.--A farm-program overhaul that the Senate passed this month will raise spending rather than save billions of dollars as Senate budget writers had planned, the Senate Budget Committee says. ``We've lost all our savings,'' said Bill Hoagland, the committee's staff director.
J. Exon: “I wish to carry on the discussion of the skyrocketing costs under the new farm bill. I wish to also quote from an…”
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Discussing the impact of the new farm bill on food prices and government spending.
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