Ag Committee Approves Bipartisan Legislation to Reauthorize and Improve the Commodity Futures Trading Commission
The House Agriculture Committee approved H.R. 4413, the Customer Protection and End-User Relief Act, by voice vote.
Tamara Hinton, 202.225.0184
WASHINGTON – This week during The Ag Minute, Chairman Frank Lucas discusses H.R. 1947, the Federal Agriculture Reform and Risk Management (FARRM) Act of 2013, which is a bipartisan, cost-saving bill the House Agriculture Committee approved last week. Chairman Lucas highlights how the bill is good for taxpayers and agricultural producers because it reduces deficit spending and repeals outdated government programs while reforming others. The U.S. House of Representatives is expected to consider the bill in June.
Click here to listen to The Ag Minute. The transcript is below.
"With the help of my friend and colleague, Ranking Member Collin Peterson, the House Agriculture Committee approved H.R. 1947, the Federal Agriculture Reform and Risk Management Act, in a huge, bipartisan vote of 36 to 10. We achieve close to $40 billion in savings and reforms to food and farm policy.
"This includes eliminating outdated programs and streamlining others to make them more cost-effective and market-oriented. It also includes reforming the Supplemental Nutrition Assistance Program for the first time in decades by making certain only those who qualify for benefits receive benefits.
"This effort is what Americans want to see from Washington. They want to see their representatives working hard to reduce the cost, size, and scope of the federal government. They want to see their representatives working together to find a solution to the problem of government spending.
"The House Agriculture Committee has stepped up to the plate. We’re working hard to get a bipartisan, cost-saving farm bill enacted this year. The next step in the process is consideration of our bill by all members of the U.S. House of Representatives this June.
"As we prepare for floor action, I hope you’ll join our effort. We need to get the attention of my colleagues who may not be on the committee, who may not be from the countryside, and who may not know how important agriculture is to our country. Tell them we need a farm bill signed into law this year. Tell them American agricultural producers are counting on it. But, more importantly, so are American taxpayers."
The Ag Minute is Chairman Lucas's weekly radio address that is released from the House Agriculture Committee.