Pelosi Hits Republicans Over Farm Bill, Debt Limit

House Minority Leader Nancy Pelosi (D-Calif.) told reporters that millions of jobs will be lost if the Republican lawmakers don't pass a farm bill soon.

House Minority Leader Nancy Pelosi

By Pageant Atterberry

House Minority Leader Nancy Pelosi (D-Calif.) told reporters that millions of jobs will be lost if the Republican lawmakers don’t pass a farm bill soon.

Earlier this year, over 60 House Republicans voted against the half-trillion-dollar bill, which sets funding for farm subsidies and other assistance, as well as food stamps. The GOP version of the bill leaves out food stamp funding, but a separate measure that they’ll vote on today would cut the program by roughly $40 billion.

“One in five kids struggle with hunger [and] this bill will jeopardize this,” Pelosi said.

Pelosi then shifted her focus to the country’s $16.7 trillion debt limit, which the Treasury Department says must be raised by the end of October. Republican lawmakers have asked the White House for spending cuts to offset a hike in the government’s borrowing ceiling.

“Republicans are determined to hold our full faith and credit hostage,” Pelosi said. “This will raise interest rates on mortgages, student loans, credit cards and effect citizens’ 401Ks overall.”

“Not lifting the debt limit is…a river of no return” she added.

Pelosi also blasted a Republican bill to extend government funding, noting that it continues sequestration, which has cut funding levels across all federal agencies since it took effect back in March.

“This is a job killer,” she said, arguing that sequestration could cost the country 1.6 million jobs.

Click the audio players below to listen to more of what Pelosi said today:

About TRNS Washington Desk

View all posts by TRNS Washington Desk
TRNS Washington Desk
News updates from on and around Capitol Hill.

No comments yet.

Leave a Reply

You must be logged in to post a comment.

Friday, August 28

● Reporters sue FBI for impersonation records

● Campus group can use school’s name

● Suit seeks to stop Nevada funds for religious schools

● U.S. kids grow fatter than Canadians

● Jury orders discrimination pay for coal miner

● FDA approves cholesterol drug

Obama Addresses ‘Structural Inequality’ 10 Years After Katrina

President Obama marked the anniversary with a visit to New Orleans, citing lack of gov. response and inequalities as major factors over the nearly 2,000 killed following the hurricane

The World in 2:00 – August 27, 2015

The World in 2:00

Greece’s first female Prime Minister is tapped to lead a caretaker government through September elections.

Report: Planned Parenthood, Forensics Firm Conclude Videos ‘Heavily Edited’

Videos released by an anti-abortion group suggests the health organization has benefited from the sale of fetal tissue, a claim heavily denied by the clinic

Maloney Becomes 14th Democratic Rep. To Oppose Iran Nuclear Deal

“This is an agreement with a nation that has not honored its nonproliferation commitments in the past,” Maloney said.

CDC: Exercise Breaks For Kids Lowers Risk Of Cancer, Diabetes, Heart Disease

Get up!