NorthIowaToday.com

Founded in 2010

News & Entertainment for Mason City, Clear Lake & the Entire North Iowa Region

Senate approves Grassley amendment to farm bill

WASHINGTON – During debate this afternoon on the 2012 farm bill, senators voted 75 to 24 for Senator Chuck Grassley’s amendment to cap marketing loan gains (amendment #2167).

“We should have caps on Title I commodity programs, and this amendment sets hard cap of $75,000 on marketing loan gains,” Grassley said.  “The reform will help to bring about more defensibility for the farm program, along with the other reforms I worked to get in the legislation during committee consideration.”

Grassley is a longtime advocate of limits on farm program payments to keep the program focused on small and mid-sized farmers.

The text of the amendment is here.

0 0 votes
Article Rating
Subscribe
Notify of
guest

0 Comments
Inline Feedbacks
View all comments

Even more news:

Copyright 2024 – Internet Marketing Pros. of Iowa, Inc.
0
Would love your thoughts, please comment.x
()
x