The U.S. Senate Committee on Agriculture, Nutrition and Forestry today voted to approve the Agriculture Reform, Food and Jobs Act of 2012, a bipartisan Farm Bill authored by Committee Chairwoman Senator Debbie Stabenow and Ranking Member Senator Pat Roberts.
The bill reforms food and agricultural policy by eliminating direct payments and emphasizing the need to strengthen risk management tools for farmers, saving billions of dollars. Overall, the Agriculture Reform, Food and Jobs Act of 2012 will reduce the deficit by $23 billion dollars by eliminating unnecessary subsidies, consolidating programs to end duplication, and cracking down on food assistance abuse. These reforms allow for the strengthening of key initiatives that help farmers and small businesses reach new markets and create American jobs. The measure will now go to the full Senate for consideration.
“The Agriculture Reform, Food and Jobs Act of 2012 will save taxpayers billions of dollars while promising a safe and healthy national food supply. By eliminating duplication, and streamlining and consolidating programs, we were able to continue investing in initiatives that help farmers and small businesses create jobs. This bill proves that by working across party lines, we can save taxpayer money and create smart, cost-effective policies that lay the foundation for a stronger, more prosperous economy. I am proud that once again the Agriculture Committee was able to work together in a bipartisan way to complete major reforms that save money and grow our economy.”
Stabenow continued, “We now look forward to continuing to work with our colleagues in a bipartisan way to ensure we enact a Farm Bill this year before the current one expires. Agriculture supports 16 million jobs in our country, and it is absolutely critical to provide farmers the certainty they need to plan and grow by passing a Farm Bill this year.”