Political Quotes

“I call up amendment No. 2393, which is a second-degree amendment. The PRESIDING OFFICER. The clerk will report. The assistant legislative clerk read as follows: The Senator from Nevada [Mr. Reid] proposes an amendment numbered 2393 to amendment No. 2392. The amendment is as follows: (Purpose: To phase out the Federal sugar program) At the end, add the following: SEC. ___. SHORT TITLE. This subtitle may be cited as the ``Stop Unfair Giveaways and Restrictions Act of 2012'' or ``SUGAR Act of 2012''. SEC. ___. SUGAR PROGRAM. (a) In General.--Section 156 of the Federal Agriculture Improvement and Reform Act of 1996 (7 U.S.C. 7272) is amended-- (1) in subsection (d), by striking paragraph (1) and inserting the following: ``(1) Loans.--The Secretary shall carry out this section through the use of recourse loans.''; (2) by redesignating subsection (i) as subsection (j); (3) by inserting after subsection (h) the following: ``(i) Phased Reduction of Loan Rate.--For each of the 2012, 2013, and 2014 crops of sugar beets and sugarcane, the Secretary shall lower the loan rate for each succeeding crop in a manner that progressively and uniformly lowers the loan rate for sugar beets and sugarcane to $0 for the 2015 crop.''; and (4) in subsection (j) (as redesignated), by striking ``2012'' and inserting ``2014''.…”