Vilsack: Economy suffers without farm bill

Dec. 30, 2012 at 7:39 PM

WASHINGTON, Dec. 30 (UPI) -- U.S. Agriculture Secretary Tom Vilsack said Sunday the economy will suffer if immediate action is not taken on the farm bill.

"It is unconscionable that we don't have a farm bill," Vilsack said in an interview aired on CNN's "State of the Union." "This is just historic."

The bill, which gives farmers price protections and subsidies, expired Sept. 30, CNN said.

"When you consider what rural America does: It provides most of the food, a lot of the water, almost all of the energy and fuel as well as many, many jobs connected to what happens in rural areas," Vilsack said.

If Congress does not act soon, customers could see the price of milk nearly double as a dairy subsidy expires Jan. 1, Vilsack said.

"Across the board, in virtually every aspect of our economy and society, there is an impact," Vilsack said.

House Speaker John Boehner, R-Ohio, said in September that the House would address the expired bill after the election, however, this has yet to happen.

Like Us on Facebook for more stories from UPI.com  
Latest Headlines
Top Stories
Greeks vote overwhelmingly to reject creditors' bailout
Maine man dead after shooting firework off head, police say
Russian resupply spacecraft docks onto ISS to deliver needed provisions
Third disturbance in four days erupts at Arizona prison
Islamic State stronghold of Raqqa targeted heavily in airstrikes