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House GOP releases ag budget
House Republicans proposed a $20.9 billion budget for agriculture and food safety programs Monday, an 82-page bill that challenges the White House on nutrition rules and denies major new funding sought by the Commodity Futures Trading Commission to better regulate the rich derivatives market.
The CFTC fares better than in the past in that the GOP allows for a modest $3 million increase for information technology investments. But the $218 million budget is still $62 million less than President Barack Obama’s request and continues a pattern that has frustrated the administration’s ability to implement Wall Street reforms called for under the Dodd-Frank law enacted in July 2010.
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And in a surprising twist, the bill language specifies that only rural areas are to benefit in the future from funding requested by the administration this year to continue a modest summer demonstration program to help children from low-income households — both urban and rural — during those months when school meals are not available.
Since 2010, the program has operated from an initial appropriation of $85 million, and the goal has been to test alternative approaches to distribute aid when schools are not in session. The White House asked for an additional $30 million to continue the effort, but the House bill provides $27 million for what’s described as an entirely new pilot program focused on rural areas only.
Democrats were surprised to see urban children were excluded. And the GOP had some trouble explaining the history itself. But a spokeswoman confirmed that the intent of the bill is a pilot project in “rural areas†only.
House Republicans proposed a $20.9 billion budget for agriculture and food safety programs Monday, an 82-page bill that challenges the White House on nutrition rules and denies major new funding sought by the Commodity Futures Trading Commission to better regulate the rich derivatives market.
The CFTC fares better than in the past in that the GOP allows for a modest $3 million increase for information technology investments. But the $218 million budget is still $62 million less than President Barack Obama’s request and continues a pattern that has frustrated the administration’s ability to implement Wall Street reforms called for under the Dodd-Frank law enacted in July 2010.
...
And in a surprising twist, the bill language specifies that only rural areas are to benefit in the future from funding requested by the administration this year to continue a modest summer demonstration program to help children from low-income households — both urban and rural — during those months when school meals are not available.
Since 2010, the program has operated from an initial appropriation of $85 million, and the goal has been to test alternative approaches to distribute aid when schools are not in session. The White House asked for an additional $30 million to continue the effort, but the House bill provides $27 million for what’s described as an entirely new pilot program focused on rural areas only.
Democrats were surprised to see urban children were excluded. And the GOP had some trouble explaining the history itself. But a spokeswoman confirmed that the intent of the bill is a pilot project in “rural areas†only.
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