Speaker. saggering cost increases for fuel. fertilizer. and other inputs make the present law totally obsolete. Our bill provides modest increases for target and loan rates for cotton. corn. and wheat and added loan rates for soybeans which have been totally eliminated by this administration. The Presidents position is perplexing. He is calling for billions of dollars for railroads. airlines. and other big businesses. Billions to fund the Federal. State. and local bureaucracies. Billions to support the militaryindustrial complex. Billions to sttle and support Vietnam refugees. I could go on and on. Our farm bill would cost less than $300 million.
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