AGRIBUSINESS: October 30th Should Be A Big Day In Congress

House and Senate Agriculture Committee leaders have announced the first public meeting for the 2013 Farm Bill conference will be held on Oct. 30 at 1 p.m.

Although the Senate is not in session this week, the Hill reported House Budget Committee Chairman Paul Ryan and Senate Budget Committee Chairwoman Patty Murray are setting the stage for the new House-Senate budget conference to begin the same day as the Farm Bill conference.

The goal of the budget conference is to reach an agreement by Dec. 13 and determine a maximum discretionary spending level for the 2014 fiscal year which began at the start of October.  Currently, $91-billion separates the House and the Senate on their numbers.

The current top-line budget the government is operating under is $987-billion, but funding will run out Jan. 15.  Another goal of the conference is to reach a deficit agreement to ease passage of another debt ceiling increase by Feb. 7.

 

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