Warm Southern Breeze

"… there is no such thing as nothing."

Posts Tagged ‘lawmakers’

Could the Price of Milk go to $13 per gallon? If the “Fiscal Cliff” is not avoided, yes.

Posted by Warm Southern Breeze on Monday, December 31, 2012

This Do-Nothing Congress is, without question, the absolutely WORST Congress EVER!

More filibustering & taxes, less law-making, less-governance.

That must be what they mean when they talk about “smaller government,” or “less laws.”

Farm-State Lawmakers Back Plan to Avoid ‘Dairy Cliff’ Price Jump

By Alan Bjerga & Derek Wallbank – Dec 31, 2012 12:01 AM ET

House Agriculture Committee Chairman Frank Lucas and Senate Agriculture Committee Chairman Debbie Stabenow are backing a short-term extension of a farm law that lapsed Sept. 30 as the Obama administration warns that without congressional action, retail milk prices could almost double.

“I would hope that as soon as is humanly possible, a decision will be made to allow us to take action” on the extension, Lucas told reporters off the House floor. “We need to take positive action, put this issue to rest, and make sure that it is clear to everybody in this country that the farm bill policy has certainty and that we will not have $8 or $9 milk.”

The proposal is one of three farm-related draft bills released over the weekend in the House of Representatives; all of them would stave off the potential jump in consumer milk prices should government commodity programs begin to lapse tomorrow. Photographer: Scott Olson/Getty Images

The proposal is one of three farm-related draft bills released over the weekend in the House of Representatives; all of them would stave off the potential jump in consumer milk prices should government commodity programs begin to lapse tomorrow. Photographer: Scott Olson/Getty Images

The proposal is one of three farm-related draft bills released over the weekend in the House of Representatives; all of them would stave off the potential jump in consumer milk prices should government commodity programs begin to lapse tomorrow. Photographer: Scott Olson/Getty Images

The draft bill would extend current law, along with disaster aid for producers affected by this year’s U.S. drought and changes to current milk policy, through Sept. 30. It would reduce mandatory outlays by $30 million through fiscal 2022, according to the Congressional Budget Office. The bulk of the spending would come in the first year, and as such it would actually increase spending by an estimated $555 million through fiscal 2017.

Other Bills

The proposal is one of three farm-related draft bills released over the weekend in the House of Representatives; all of them would stave off the potential jump in consumer milk prices should government commodity programs begin to lapse tomorrow.

The second measure would extend most of the current law through Jan. 31, and the third would protect only against possible dairy-price spikes. Those two are opposed by House and Senate Democratic agriculture leaders. Representative Collin Peterson of Minnesota, the top Democrat on the House Agriculture Committee, called a 30-day extension a “poor joke on farmers that offers no certainty.”

The most recent farm law, enacted in 2008, expired after attempts to pass a new five-year proposal failed. Without that plan, agricultural programs automatically return to rules passed in 1949, the basis of all subsequent legislation.

The effects of that transition have been delayed because of the growing seasons of different crops. Dairy production, a year-round business, is the first major commodity affected. In November, the U.S. Department of Agriculture Read the rest of this entry »

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Insurance costs and health-care reform: Are health insurers making huge profits?

Posted by Warm Southern Breeze on Friday, December 3, 2010

Are health insurers making huge profits?

Mar 5th 2010, 14:15 by M.S.

Warhol dollarYESTERDAY Barack Obama dropped in on Kathleen Sibelius‘s meeting with executives of America’s top five health insurers and read a letter from a constituent. Natoma Canfield, a self-employed house cleaner, had carcinoma 16 years ago; it has been in remission for 11 years. Last year Anthem Blue Cross, who provide her with a high-deductible ($2,500) individual plan, raised her premiums 25%, to $6,075. This year they’re raising them another 40%, to $8,500. Ms Canfield  closes her letter, “Please stay focused in your reform attempts as I and many others are in desperate need of your help.”

There’s no doubt that the Obama health-care reform bill would …Continue…

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