Saturday, April 30, 2005

Final Budget Resolution--Payment Limitation

Here's the provision in the final budget resolution pertaining to agriculture:

" a) SUBMISSIONS TO SLOW THE GROWTH IN MANDATORY SPENDING AND TO ACHIEVE DEFICIT REDUCTION- (1) Not later than September 16, 2005, the House committees named in paragraph (2) shall submit their recommendations to the House Committee on the Budget. After receiving those recommendations, the House Committee on the Budget shall report to the House a reconciliation bill carrying out all such recommendations without any substantive revision.

(2) INSTRUCTIONS-

(A) COMMITTEE ON AGRICULTURE- The House Committee on Agriculture shall report changes in laws within its jurisdiction sufficient to reduce the level of direct spending for that committee by $797,000,000 in outlays for fiscal year 2006 and $5,278,000,000 in outlays for the period of fiscal years 2006 through 2010."

Note that the cuts prescribed by the House prevailed over the smaller cuts ($171,000,000 in fiscal year 2006, and $2,814,000,000 for the period of fiscal years 2006 through 2010) of the Senate.

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