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House OKs Farm Bill Despite Veto Threat

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Eugene Donating Member (1000+ posts) Send PM | Profile | Ignore Fri Jul-27-07 02:57 PM
Original message
House OKs Farm Bill Despite Veto Threat
Source: Associated Press

House OKs Farm Bill Despite Veto Threat

By JULIE HIRSCHFELD DAVIS, Associated Press Writer

Friday, July 27, 2007

(07-27) 12:14 PDT WASHINGTON (AP) --

The Democratic-controlled House passed legislation Friday
that combines billions in aid for farmers with money for
low-income nutrition programs, defying a veto threat from
President Bush over the bill's largesse to crop producers.

The measure, passed on a vote of 231-191, devotes more
money to conservation, renewable energy, nutrition and
specialty crop programs than in the past but leaves in place
— and in some cases increases — subsidies to producers of
major crops such as corn and soybeans at a time of record-
high prices.

It reflected a delicate straddle for Democrats writing their
first farm bill in a decade, who struggled to balance the
needs of first-term, farm-state lawmakers against the
demands of liberals seeking more money for environmental
and nutrition programs.

House Speaker Nancy Pelosi, D-Calif., said the measure
"signals change and shows a new direction in our farm
policy," but it fell well short of the changes many in her
party had demanded.

-snip-

Read more: http://www.sfgate.com/cgi-bin/article.cgi?f=/n/a/2007/07/27/national/w110825D61.DTL
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Eugene Donating Member (1000+ posts) Send PM | Profile | Ignore Fri Jul-27-07 04:04 PM
Response to Original message
1. House Votes to Recoup Lease Royalties
Source: Associated Press

House Votes to Recoup Lease Royalties

By H. JOSEF HEBERT
The Associated Press
Friday, July 27, 2007; 4:20 PM

WASHINGTON -- The House voted Friday for a measure
aimed at recouping billions of dollars in oil and gas
royalties that were lost because of faulty federal leases.

A provision added to the farm bill, which in turn was
approved by the House, would impose a "conservation of
resources" fee on oil and gas taken from deep waters of
the Gulf of Mexico under the questionable leases.

The fee would be imposed by the Interior Department on
energy companies that refuse to revise the lease
agreements issued in 1998 and 1999. Many of the leases
will be good for years to come.

While a few companies have agreed to change the lease
provisions, most have not, contending they are valid
contracts and the government shouldn't renege on them.

-snip-

Read more: http://www.washingtonpost.com/wp-dyn/content/article/2007/07/27/AR2007072701659.html
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