Home / News / Policy news / Former Ag Committee chair has doubts

Former Ag Committee chair has doubts

DANIEL LOOKER Updated: 08/04/2011 @ 9:35am Business Editor

Representative Collin Peterson (D-MN) isn’t one of the liberal Democrats who are pledging to vote against the debt ceiling deal when it comes up in the House of Representatives today.

But the former chairman of the House Agriculture Committee and current ranking Democrat has his doubts about how much influence production agriculture will have on the cuts.

“I’m not exactly clear at this point,” Peterson told Agriculture.com Monday.

“Boehner has been telling us from the start that we’re going to be the ones deciding what to do,” he said, referring to Speaker of the House, John Boehner (R-OH).

Under the weekend debt ceiling deal, Congress votes on cuts in discretionary spending that will total $917 billion over 10 years. Then, in the next 14 days after the bill is enacted, the Republican and Democratic leaders of the House and Senate will each appoint 3 members to a 12-member  “Joint Select Committee On Deficit Reduction.”

That group, which won’t be elected by members of Congress, will be charged with finding another $1.5 trillion in deficit reduction over the next 10 years.  

The makeup of that committee makes Peterson uneasy.

“My guess is that there won’t be anybody on there who will know much about this,” Peterson said, referring to farm program spending.

He expects that “most people on this committee have bought into the idea that farm programs are wasteful and going to the wrong people,” Peterson said.

The best hope for members with some understanding of agriculture is likely to be in the Senate, Peterson said.

Peterson will be pleased if Senate Majority Leader Harry Reid (D-NV) appoints either Senator Max Baucus (D-MT) or Kent Conrad (D-ND) to the committee on deficit reduction. Baucus heads the Senate Finance Committee and was on the committee led by Vice President Joe Biden to negotiate a debt ceiling deal. Conrad is chairman of the Budget Committee and a member of the “Gang of Six,” a bipartisan group of senators that was also working to find a debt ceiling proposal that could pass in Congress. Both men are on the Senate Agriculture Committee.

Peterson thinks members of the Senate from both parties don’t want to cut more than the $11 billion in farm program spending that Reid had in his debt deal that was rejected by the House last week.

The final debt ceiling deal up for a vote today says that committees, including the Agriculture Committee, will be able to recommend how cuts will be made to the deficit reduction committee. The deadline for making suggestions is next October 14.

But, Peterson said, the Ag Committee and others may not know exactly how much they have to cut before making their recommendations. Nor is there any certainty that the bipartisan deficit cutting committee will take the ag committee’s advice.  Whatever it decides, the super committee has a deadline of November 23 to recommend the next $1.5 trillion in cuts.

CancelPost Comment

Yield Exclusion Can Boost Your APH By: 01/18/2016 @ 10:26am If you farm in a region that’s been hammered by years of drought – or maybe too much rain –…

Farmers Business Network Announces New… By: 12/17/2015 @ 2:42pm Farmers Business Network, Inc., (FBN) a rapidly growing data sharing and analysis service for…

Silver Linings in EPA Ruling for RFS By: 12/04/2015 @ 4:20pm The EPA’s final blending mandates for biofuels announced Monday are already affecting corn…

This container should display a .swf file. If not, you may need to upgrade your Flash player.
Ageless Iron TV: Tractors at War