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Senators Praise Stabenow and Cochran for Bipartisan 2013 Farm Bill
Senator Debbie Stabenow, Chairwoman of the U.S. Senate Committee on Agriculture, Nutrition and Forestry, and Sen. Thad Cochran, the Committee's Ranking Member, worked together to secure a strong bipartisan 15-5 vote in Committee for the Agriculture Reform, Food and Jobs Act of 2013 (a.k.a. the new Farm Bill). The bill is now being considered by the full Senate. The 2013 Farm Bill cuts spending by $24 billion while strengthening initiatives that help Michigan farmers and small business owners create agriculture jobs. -
Summary of the Agriculture Reform, Food and Jobs Act of 2013 (aka the “Farm Bill”)
The Senate's bipartisan 2013 Farm Bill represents the most significant reform of American agriculture policy in decades. With the Agriculture Reform, Food and Jobs Act, the era of direct payments is over. Instead of subsidies that pay out every year even in good times, the bill creates risk management tools that support farmers when they are negatively impacted by weather disaster or market events beyond their control. By ending unnecessary subsidies, streamlining and consolidating programs and cracking down on abuse, the bill reduces the deficit by billions. Passing the Farm Bill will yield a total of $24 billion in cuts to agriculture programs. $24 billion is over double the amount the bipartisan Simpson-Bowles commission ($10 billion) and Gang of Six ($11 billion) recommended in total agriculture cuts. -
Sen. Stabenow Introduces Legislation to Stop Student Loan Interest Rates from Doubling
U.S. Senator Debbie Stabenow announced new legislation to keep student loan interest rates low through 2015. The legislation would maintain the current 3.4 percent interest rate on federal student loans through July 1, 2015. -
Stabenow, Levin Welcome Passage of Harbor Maintenance Provisions
U.S. Sens. Debbie Stabenow and Carl Levin of Michigan welcomed Senate passage of the Water Resources Development Act including important provisions they fought for to reduce the backlog of harbor dredging projects in the Great Lakes. -
Senate Agriculture Committee Passes Chairwoman Stabenow’s 2013 Farm Bill
The U.S. Senate Committee on Agriculture, Nutrition and Forestry approved Committee Chairwoman Debbie Stabenow's 2013 Farm Bill by a wide bipartisan margin, 15-5. The bipartisan proposal will yield a total of $24 billion dollars in deficit reduction in agriculture programs by eliminating unnecessary direct payment subsidies, consolidating programs to end duplication, and cracking down on food assistance abuse.
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