Bush vetoes farm bill

vinnie

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President Bush vetoed the $300 billion farm bill on Wednesday, calling it a tax increase on regular Americans at a time of high food prices in the face of a near-certain override by Congress.

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It was the 10th veto of Bush's presidency. But since it passed both houses of Congress with veto-proof majorities, his action will likely be overridden.

The president calls the legislation fiscally irresponsible and says it gives away too much money to wealthy farmers, yet his criticism didn't faze lawmakers from both parties who voted for increased crop subsidies, food stamps for the poor and other goodies to help their districts in an election year.

"At a time of high food prices and record farm income, this bill lacks program reform and fiscal discipline," Bush said in his veto statement to Congress. "It continues subsidies for the wealthy and increases farm bill spending by more than $20 billion, while using budget gimmicks to hide much of the increase."

Bush also said the bill was inconsistent with his administration's objectives in international trade negotiations, particularly when it comes to opening markets to U.S. farmers and ranchers, and that it needlessly expands the size of government.

"At a time when net farm income is projected to increase by more than $28 billion in one year, the American taxpayer should not be forced to subsidize that group of farmers who have adjusted gross incomes of up to $1.5 million," Bush said. "When commodity prices are at record highs, it is irresponsible to increase government subsidy rates for 15 crops, subsidize additional crops, and provide payments that further distort markets."

The bill's supporters reacted swiftly ? and confidently ? to the veto.

"Back home in Montana, we say you shouldn't bring a knife to a gun fight," said Sen. Max Baucus, D-Mont. "We've got the votes to override the president and make the farm bill law, and that's what this Congress will do."

White House spokeswoman Dana Perino said lawmakers should think twice before they override Bush's veto.

"Members are going to have to think about how they will explain these votes back in their districts at a time when prices are on the rise," she said. "People are not going to want to see their taxes increase."

White House budget director Jim Nussle said Bush rejected it because it increases federal spending. He said Americans are frustrated with wasteful government spending and the funneling of taxpayer funds to pet projects. "This only worsens the frustration that they will feel," Nussle said, adding that Congress should extend the current farm bill.

About two-thirds of the bill would pay for nutrition programs such as food stamps and emergency food aid for the needy. An additional $40 billion is for farm subsidies while almost $30 billion would go to farmers to idle their land and to other environmental programs.

House Speaker Nancy Pelosi, D-Calif., has said that the measure will drastically increase nutrition initiatives that will help 38 million U.S. families put food on their tables. She made it clear she would have preferred smaller farm subsidies, but deferred to some Democratic colleagues looking ahead to the fall campaign.

Some Republicans criticized the mostly bipartisan and popular bill because a few home-state pet causes, including tax breaks for Kentucky racehorse owners and additional aid for salmon fishermen in the Pacific Northwest.

The bill also would:

_Boost nutrition programs, including food stamps and emergency domestic food aid, by more than $10 billion over 10 years. It would expand a program to provide fresh fruits and vegetables to schoolchildren.

_Increase subsidies for certain crops, including fruits and vegetables excluded from previous farm bills.

_Extend dairy programs.

_Increase loan rates for sugar producers.

_Urge the government to buy surplus sugar and sell it to ethanol producers for use in a mixture with corn.

_Cut a per-gallon ethanol tax credit for refiners from 51 cents to 45 cents. The credit supports the blending of fuel with the corn-based additive. More money would go to cellulosic ethanol, made from plant matter.

_Require that meats and other fresh foods carry labels with their country of origin.

_Stop allowing farmers to collect subsidies for multiple farm businesses.

_Reopen a major discrimination case against the Agriculture Department. Thousands of black farmers who missed a deadline would get a chance to file claims alleging they were denied loans or other subsidies.
 

The Sponge

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These farmers have quite a gig going on :mj07: Not quite the gig the defense contractors have but nice never the less. Vinny do you have the address so i can send my check early?:mj16: :mj16: :cursin: :cursin:
 

djv

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My congressman who is a Dem hoped bush would do the veto. He said to much pork. I agree.
 

Chadman

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I wonder aloud whether he feels the same way about the current oil company subsidies that will be continuing? Interesting his selective use of perspective when it comes to economic issues.
 

Nosigar

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I wonder aloud whether he feels the same way about the current oil company subsidies that will be continuing? Interesting his selective use of perspective when it comes to economic issues.

I certainly hope any subsidies to oil continue. Though I haven't seen oil really have any subsidies ever. Maybe a tax incentive, but a subssidy, as where the governmnet pays you money like they do with farms?

While China, India and the other rapidly developing countries are subsidizing oil sold to their internal industries inorder to continue their accelerated indsutrial growth, american consumers get taxed on oil refined products. Half off Bunker Diesel #2? Not likely.

Don't even get me started on the oil thing. We are simply suicidal idiots.
 

vinnie

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WASHINGTON - Congress enacted a massive farm bill Thursday with new and bigger subsidies for farmers, plus more food stamps for the poor.

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But first Democrats had to eat a little crow that dimmed the election-year victory of overriding President Bush's veto for only the second time during his seven years in office.

Omitted from the $290 billion, five-year law because of a printing mistake was a small amount of money to address a growing global hunger crisis. Democrats only realized the mistake on Wednesday, just before the House voted 316-108 to override Bush's veto.

The Senate joined the override Thursday with a 82-13 vote. Eager to begin a Memorial Day vacation, the issue of helping starving countries was left for another day.

"I take responsibility for what happened here," said a chagrined House Speaker Nancy Pelosi, D-Calif. She said her reaction was "uncustomarily crude" upon learning that the 34 pages dealing with international food aid and trade were omitted from the bill sent to Bush.

Republicans and the White House accused the Democrats of incompetence.

"It seems that the congressional debate on the pork-laden farm bill is coming to an inglorious conclusion," White House spokesman Scott Stanzel said.

Bush claimed the legislation was too expensive and too generous with subsidies for farmers who are enjoying record high prices and incomes. He had opposed the legislation from the start, threatening his first veto last July.

A bipartisan group of negotiators on the bill made small cuts to subsidies to appease the White House, but Bush said it wasn't enough.

Still, congressional Republicans overwhelmingly abandoned Bush in voting to override the legislation, overlooking its cost amid public concern about the weak economy and high gasoline and grocery prices. GOP lawmakers are anxious about their own prospects less than six months before Election Day.

Despite the bipartisan nature of the bill, the printing error turned a triumphant political victory into a vexing embarrassment for Democrats.

The party's leaders in the House decided to pass the bill again, including the missing section in the version that Bush received. That vote was 306-110, again enough to override another veto from Bush should the need arise.

Democratic leadership aides said the Senate will deal with the problem when Congress returns in June from a one-week vacation.

House Republicans berated Democrats for the error and raised questions that the law would be unconstitutional because it was not the full bill passed by the House and Senate.

Senate Majority Leader Harry Reid, D-Nev., said the process was entirely legal.

"We have, under good legal precedent, going back to a case I understand in 1892 where something like this happened before, it is totally constitutional," he said.

Likewise, Pelosi's office released a statement from the House parliamentarian saying the incomplete bill could legally become law because Bush had vetoed that version.

About two-thirds of the law would pay for nutrition programs such as food stamps, which would see increases of around $1 billion a year. About $40 billion is for farm subsidies and almost $30 billion would go to farmers to idle their land and for other environmental programs.

The farm bill also would:

_Increase subsidies for some crops and for the first time subsidize growers of fresh fruits and vegetables.

_Extend and expand dairy programs.

_Increase loan rates for sugar producers.

_Expand a program to provide fresh fruits and vegetables to schoolchildren.

_Cut a per-gallon ethanol tax credit for refiners from 51 cents to 45 cents. The credit supports the blending of fuel with the corn-based additive. More money would go to cellulosic ethanol, made from plant matter.

_Require that meats and other fresh foods carry labels with their country of origin.
 

SixFive

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sponge, sounds like your heros are supporting one of your most hated things in farm subsidies. How about giving Georgie credit when you agree with something he does?
 

The Sponge

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sponge, sounds like your heros are supporting one of your most hated things in farm subsidies. How about giving Georgie credit when you agree with something he does?

Six, when i first saw this i thought to myself "hey this might be the first thing i ever agreed with this guy on".? But then reality sunk in and i realized the only reason he does this now is because the Democrats are now in control. C'mon now you can't think a guy that gave a blank check to every right wing special interest group the last seven years, and has run the debt up to 9 trillion, has now become a fiscal conservative do you? Now if McCain got elected and he did this i wouldn't have said this even tho he is proven to have completely gone against almost every principle that people loved him for. I am also on record as saying i really don't care about spending if it is in our country. I would rather my money be wasted here for our people before it goes over to that shithole in Iraq. Six if the Democrats sent him a bill loaded only for defense contractors and Iraq do you honestly think he would veto it? He would sign it with a huge smile and then tell us it is for the troops and then his buudies who have already looted most of the money sent over to Iraq would do the same thing. So you farmers enjoy my money. At least you guys are Americans. Oh and you are right the Democrats are phonies when it comes to this bill.
 
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DOGS THAT BARK

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Windfall Profits

A provision in the farm bill vetoed by President Bush ? but made law when the veto was overridden by Congress ? calls for up to $16 billion more in crop subsidies than previously projected. The program is called Average Crop Revenue Election or ACRE.

The Washington Post reports it gives farmers the option of trading in their traditional subsidies for a government pledge to give them 90 percent of the difference between what they make in a given year and their usual income. The hitch is the formula for determining benefits pegs the payments to current ? record ? prices for grain. So if prices fall back to normal levels, huge subsidies will result.

One farming blog is urging readers to sign up for the program, calling it "lucrative beyond expectations."

Defenders of the farm bill say grain prices will not come down much in the five years the legislation is in effect ? meaning food prices will stay close to their current record high levels.
 
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