This week’s Cotton Newsline is 6 cuts. Cuts 1 & 2 are Robbie Minnich, Senior Government Relations Representative for the National Cotton Council and 3 – 6 are Gary Adams, Vice President of Economics and Policy Analysis for the Council.
Suggested Introduction 1:
The House Appropriations Committee advanced legislation Tuesday that would shave billions of dollars in agriculture spending and cut farm subsidies. Robbie Minnich, Senior Government Relations Representative for the National Cotton Council, says the Fiscal 2012 Agriculture Appropriations measure was approved by a voice vote.
Suggested Introduction 2:
Minnich says the panel gave a voice vote approval to amendments introduced by both Representative Flake of Arizona and Delauro of Connecticut.
Suggested Introduction 3:
Gary Adams, Vice President of Economics and Policy Analysis for the National Cotton Council, says these amendments that were approved essentially change or rewrite certain provisions of the 2008 farm bill and break the government to government agreement established between the United States and Brazil as part of the ongoing WTO dispute.
Suggested Introduction 4:
Adams says opening the United States back up to retaliation will not only affect the cotton industry.
Suggested Introduction 5:
Adams says Flake’s amendment would lower the adjusted gross income eligibility to $250,000 from the current $750,000.
Suggested Introduction 6:
Adams says there are several steps left in the legislative process for the Appropriations Bill.