Joint Statement From Agriculture Chairs: Stabenow, Lucas On Supercommittee Failure

Rep. Frank Lucas (R-OK), Chairman of the House Agriculture Committee, and Sen. Debbie Stabenow (D-MI), Chairwoman of the Senate Agriculture Committee, released the following statement on Monaday afternoon in response to the announcement that the Joint Select Committee on Deficit Reduction failed to reach an agreement:

"House and Senate Agriculture Committee leaders developed a bipartisan, bicameral proposal for the Joint Select Committee on Deficit Reduction that would save $23 billion. However, the Joint Select Committee’s failure to reach a deal on an overall deficit reduction package effectively ends this effort.

We are pleased we were able to work in a bipartisan way with committee members and agriculture stakeholders to generate sound ideas to cut spending by tens of billions while maintaining key priorities to grow the country’s agriculture economy. We will continue the process of reauthorizing the farm bill in the coming months, and will do so with the same bipartisan spirit that has historically defined the work of our committees."
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*President Obama's statement is here. An analysis of what is ahead for agriculture is here.