Political Quotes

On the recordJune 12, 2012
Mr. President, I wish to comment very clearly on what this amendment does. Farm and agricultural production in this country is vital both to the country and to our export markets. We have through the years tried many different approaches to make sure we have the stability and the production power in this country for our needs and also to many beneficial aspects of our foreign policy where we use agricultural products for that. Imagine if you are a business other than agriculture and you have decided that regardless of the mistakes you might make or the uncontrolled variables that might impact your business or the downturn in the economy, that with 62 percent of government funding you can buy an insurance policy that guarantees you a profit. That is what this new farm bill has moved to. That is going to be our agricultural program as far as the Senate is looking at it. There is a real differential there between the rest of business and commerce in America and our farm program. I understand the need for that, but this bill actually increases our costs for the Crop Insurance Program by $5.2 billion as it is written. What the Senator from Illinois and I have proposed is a commonsense earnings limit that is associated with every other program in title I that would say: We are going to help you, but we are just not going to help you as much because you therefore, and by your own success, have the means to help yourself.…
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Tom Coburn
Republican · Oklahoma

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