Agriculture Generally Pleased with Supreme Court
The U.S. Supreme Court on Thursday upheld President Obama’s health care overhaul law that requires most Americans to get insurance by 2014. The Center for Rural Affairs has backed the Affordable Care Act in the past – are pleased with the ruling. Center’s Jon Bailey says this should help those in rural America who are uninsured – or underinsured – get coverage…
“The average person; this means now that we have settled law on the Affordable Care Act, and we can go now about fully implementing it at the federal and state level. And now there’s some certainty that individuals and families and business can now start really think about their health care and what they need to purchase for the benefit of their families.”
Bailey says states can now go forward with implementation of the Affordable Care Act.
South Carolina Gov. Nikki Haley says the Supreme Court's decision represents a huge tax increase on the American people that will kill jobs.
The Republican governor said the decision reaffirms to her that President Barack Obama needs to be replaced in November.
The high court ruled states cannot lose funding if they don't expand Medicaid coverage, making it an option. That now becomes a question for legislators.
Farming Video Goes Viral
Some innovative, young Kansas farmers have taken the ‘know your farmer, know your food’ theme to a whole new level. Earlier this week The Peterson Farm Brothers posted a video on YouTube; “I am Farming and I Grow It” set to the catchy tune of a popular pop song. The video has gone viral, with more than half a million hits, as well as mentions on national news broadcasts. The video is posted on our website, click here to view it.
Farm Bill in the House Faces a Fight for Floor Time
House Ag Chair Frank Lucas says the House Farm Bill his panel plans to write next month will be balanced and meet regional needs – but Top Panel Democrat Collin Peterson warns the bill faces a fight for floor time.
Lucas told ag colleagues at a business meeting to approve the panel’s quarterly activity report – the House Committee Farm Bill will take a different approach than the Senate-passed bill…
“There are challenges that vary by region and we need to tailor farm policy to fit those requirements. Our producers are relying on a choice of risk-management tools and an effective safety net that will be there when bad times hit.’
Lucas has criticized the Senate’s main reliance on revenue insurance – arguing a one-size-fits-all approach won’t work. Lucas promised a different one next month…
“Our work continues in a couple of weeks when we consider our own farm bill on July 11th. It will be a balanced proposal that underscores our commitment to production agriculture and to rural America.”
Economy Still Goes Slow Growth
The government says the economy grew at a 1-point-9 percent annual rate in the first three months of the year. That GDP rate is unchanged from a previous estimate. Gus Faucher (foh-SHAYE') is a senior economist for PNC Financial Services Group.
“There was no revision to growth in the first quarter, it was about 1.9 percent in an annual rate. That’s an ‘okay’ pace, but it’s not really enough to bring down the unemployment rate. We’d like to see growth of 2.5, 3 or even higher to bring down the unemployment rate.”