Obama Signs 2014 Farm Bill Into Law

Date posted - February 8, 2014

how now brown cow_sxcEast Lansing, Michigan — President Obama signed the 2014 Farm Bill into law on Friday in East Lansing, Michigan. The president told the crowd gathered for the event that the long overdue bill doesn’t just help farmers.

Click or tap the play button above or this link to listen.

(as said) “Secretary Vilsack calls it a jobs bill, an innovation bill, an infrastructure bill, a research bill, a conservation bill,” Obama said. “It’s like a Swiss Army knife.”

The legislation strips out controversial direct payment subsidies to farmers and bulks up subsidized crop insurance.

Click or tap the play button above or this link to listen.

(as said) “It saves taxpayers’ hard-earned dollars by making sure that we only support farmers when disaster strikes or prices drop,” Obama said. “It’s not just automatic.”

A dispute about how big the budget for food stamps should be was the main sticking point in congressional negotiations over the past two years. In the end, the bill cuts out eight billion dollars from the food stamp program — the equivalent of a one percent cut.

Story from Radio Iowa

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