Congressman Stephen Fincher (R-Frog Jump) issued the following statement this morning after the House Agriculture Committee approved H.R. 1947, the Federal Agriculture Reform and Risk Management (FARRM) Act of 2013, by a large, bipartisan vote of 36-10:
"Late last night the House Agriculture Committee approved a bipartisan and fiscally responsible Farm Bill. As a seventh generation farmer, I know firsthand howimportant a good Farm Bill is in order to provide farmers across the country with the security to plan ahead and know what to expect from our farm programs. I'm proud to say this Farm Bill does just that."
"I look forward to working with our Senate colleagues to find consensus on a final reauthorization bill that keeps Tennessee agriculture thriving and America's farmers competitive."
FARRM saves nearly $40 billion in mandatory funds, including the immediate sequestration of $6 billion.
FARRM repeals or consolidates more than 100 programs.
FARRM eliminates direct payments, which farmers received regardless of market conditions.
FARRM streamlines and reforms commodity policy while also giving producers a choice in how best to manage risk.
FARRM includes the first reforms to the Supplemental Nutrition Assistance Program (SNAP) since the Welfare Reform Act of 1996, saving more than $20 billion.
FARRM consolidates 23 conservation programs into 13, improving program delivery to producers and saving more than $6 billion.
FARRM builds on previous investments to fruit and vegetable production, farmers markets, and local food systems.
FARRM includes several regulatory reliefmeasures to help mitigate burdens farmers, ranchers, and rural communities face.