Wednesday, May 21, 2008

about Food

That veto is going to xxx out your silly hunger pains ... wrong... and title III DISAPPEARED

Despite widespread support in Congress, President Bush on Wednesday vetoed a farm bill that the administration has claimed is bloated with subsidies for crops and wealthy farmers.
"At a time of high food prices and record farm income, this bill lacks program reform and fiscal discipline," Bush said. "When commodity prices are at record highs, it is irresponsible to increase government subsidy rates."
Dana Perino, White House spokeswoman, acknowledged at a Wednesday press event that an override vote from Congress is likely. Last week, both chambers passed the $289 billion, five-year farm bill with margins that easily achieved the two-thirds of votes necessary to override a veto. The farm bill would increase funds for nutrition programs, and authorize subsidies for farmers and crops, among other provisions.
Bush has criticized the bill's crop subsidies, as well as proposed income limits for farmers that would allow individuals with farm income of up to $750,000, or married couples with farm income of up to $1.5 million, to receive direct payments. The president has proposed lowering the cap to $200,000.
Perino said Wednesday that lawmakers who override the veto will have "to think about how they will explain these votes back in their districts at a time when prices are on the rise."
Sen. Max Baucus, D-Mont., finance committee chairman, said the veto won't block a final farm bill, and that Congress will override the veto in short order.
"Back home in Montana, we say you shouldn't bring a knife to a gun fight," Baucus said. "We've got the votes to override the President and make the farm bill law, and that's what this Congress will do. This veto is just a speed bump on the road to finishing the farm bill, and it won't stop this forward-looking legislation from becoming law.

The reason food prices are going wild is that Mr Bush decided that its a good idea to hand out more *subsidies* to grow corn for ethanol. It seems he's not even handed when it comes to subsidies.

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