Thursday, March 04, 2010

Least Surprising News from Yesterday

From Farm Policy:
Reuters writer Charles Abbott reported yesterday that, “The House Agriculture Committee on Wednesday rejected President Barack Obama’s proposals to reduce crop subsidies to higher-income farmers and federal support for crop insurance.
“There was little discussion as the committee refused farm cuts requested by the president for the second year in a row. With elections in November, the committee approved a letter saying benefits ‘should be maintained’ at current levels.
“‘We are united and I think we have over-whelming support in the House not to open up the farm bill’ enacted in 2008, said Agriculture chairman Collin Peterson, a Democrat.”
And people think Obama has power. Not so.

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