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.

Click here for: Friday, October 24

● Good food makes bad landfills

● Dog assault charges for fence jumper

● Jim Thorpe’s remains won’t be moved

● Sex offenders left homeless in Miami

● Suit challenges sale sign ordinance

● Reynolds fails to impress anti-smoking group

Pentagon Will Continue Force Control In South Korea, Keep Current Troop Levels

Defense Secretary Chuck Hagel met Thursday with his South Korean counterpart, Minister Han Min-koo, where both leaders agreed that North Korea still poses a threat on the peninsula

LISTEN: The Day Ahead – October 24, 2014

The Day Ahead Logo

Officials coordinating the US response to Ebola testify before Congress and the monitoring mission along the Russian-Ukrainian border draws to a close.

UN in Brief: Calm & Conflict for October 23, 2014

UN Daily Brief Square

A $2.2 appeal for Iraqi humanitarian aid, the WHO advises against Ebola travel bans and the U.N. steers clear of a cholera lawsuit in New York.

House Bill To Take Away Social Security Payments For Dozens Of Former Nazis

There is a similar bill in the Senate.

Earnest: White House Security Review Ongoing

Earnest said that Wednesday’s incident “underscores professionalism of men and women of Secret Service.”