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McCain calls for veto of Farm Bill over “excessive subsidies”
In Iowa, Senator John McCain said that, as drafted. he would veto the Farm Bill because of excessive subsidies, which he called unnecessary. McCain added, “I do not believe we should have tariffs against imported products, but I want to promise you as president of the United States of America I will recognize one fundamental fact, and that is the farmer in the state of Iowa and the United States of America is the most productive, the most efficient and the best, and I will open every market in the world to your products and I will sell them.â€
John McCain’s environmental record and policies are profiled in an investors.com article. The article focuses on his conversion to environmentalism after the 2000 elections, and his sponsorship of cap-and-trade legislation in 2003, 2005 and 2007 with Senator Joe Lieberman. The current bill would limit emissions among commercial & industrial users to 2004 levels by 2012 and moved down steadily until 2050. McCain favors an auction of emission certificates in his cap-and-trade proposal.
US farm states may defect to Obama over McCain opposition to Farm Bill, ethanol subsidiesIn Washington, speculation is growing that the US farm states, reliable Republican votes in recent years, may switch to the Democratic Party this November over opposition of republican candidate John ...
President Bush may veto Farm Bill; first veto since 1956; “excessive subsidies” in $300 billion package; leading subsidy recipients publishedIn Washington, fears are growing the US President George W. Bush will veto the Farm Bill over "excessive subsidies". The $300 billion, five-year billion bill emerged from a House-Senate conference thi...
US Senate passes Farm Bill by veto-proof majority; override of expected veto now likelyIn Washington, the US Senate passed the Farm Bill by a "veto proof" majority of 81-15, and the bill now goes to President Bush, who has promised to veto it. The $300 billion Farm Bill contains $209 bi...
US House passes Farm Bill by veto-proof majority; $1.01 cellulosic ethanol subsidy still at risk as Senate votesThe US House of Representatives passed the Farm Bill by a vote of 308-106, a nearly 4-to-1 margin that led Agriculture Committee chairman Collin Peterson, Minnesota Democrat to remark "After this vote...
Nations protest US Farm Bill at WTO talksAt a World Trade Organization meeting aimed at reviewing new proposals for the Doha Round of trade talks, New Zealand's WTO ambassador Crawford Falconer reported that a number of countries had express...
South Dakota and Nebraska Senators move to attach 36 Mgy Renewable Fuel Standard to Farm BillNebraska Senator Ben Nelson and South Dakota Senator John Thune have co-sponsored an amendment to the Farm Bill, adding a Renewable Fuels Standard target of 36 billion gallons of ethanol by 2022. 21 ...
Written by Jim Lane · Filed Under Policy
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