Charles W. Stenholm: “again this is a no-net-cost program. The arguments that are being made on behalf of the consumer cannot be justified by…”

“again this is a no-net-cost program. The arguments that are being made on behalf of the consumer cannot be justified by any arithmetic that anybody can put forward. This one pound of peanut butter, the farmers' price is 48 cents, the manufacturer price is $1.87. I do not see how anyone can get 33 additional cents in this little bottle of peanut butter at the farmers' expense. The bottom line is this, and the survey done in my district--and I happen to represent both quota and nonquota growers; I have got both sides. All of them agree that the program as reformed under the committee bill is definitely a step in the right direction that we need to go. They object to the 610 price support cut, cutting 10 percent of the gross income. Ask anyone watching or listening or in this audience right now if his pay was cut 10 percent, how would he feel? That is the argument before us today, an additional 10 percent on top of another 10 percent will be very disruptive to a very important industry to this country.”