Vote on Yemen, Campaign for Liberty Supports the Grassley Amendment to Farm Bill
Today, the House will consider legislation extending the federal flood insurance program for one week. This could be a sign that Congress is close to a deal on flood insurance or that they simply intended to throw a longer-term extension into whatever type of Omnibus spending bill.
Federal flood insurance is supposed to be funded by premiums paid by those in flood-prone areas. However, the program is currently over $28 billion in debt, and has already received an influx of $16 billion from the US Treasury in October of 2017. Yet Congress ignores the growing crisis and just keeps extending the program year after year . . . so add flood insurance to the long list of the federal government’s unfunded liabilities.
Now some good news:
Yesterday, the Senate voted to discharge S.J. Res. 54, which ends US involvement in Yemen. Earlier this month, the House blocked efforts to bring a similar bill to the floor, so it is good to see the Senate doing this.
Here is the Senate discharge roll-call vote.
Here is a look at the House vote to kill a similar resolution.
The final Senate vote is scheduled for next week.
Some news on the farm bill:
Campaign for Liberty President Norman Singleton joined other free-market leaders in issuing a statement in support of Senator Charles Grassley’s amendment to the farm bill. Senator Grassley’s amendment would ensure that millionaires — some of whom are not actively engaged in farming — would not receive farm subsidies. The House and Senate are currently working on a final version of the farm bill, which could be considered before Congress adjourns.
Here is Mr. Singleton’s statement:
“At a time when our nation’s economic future is threatened by skyrocketing federal deficits, it is mind boggling that any member of Congress would object to stopping some millionaire farmers — many of whom are not even full-time farmers — from receiving federal farm subsidies.”
You can see the other statements here.