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.

Obama: No Plan On Fighting Islamic State

President Barack Obama speaks to reporters from the White House Briefing Room, Aug. 28, 2014. Photo by James Cullum

“We don’t have a strategy yet,” Obama said.

Ukraine: ‘World Order is Being Destroyed’ By Russia

U.N. Security Council holds emergency session over reports of Russian troops amassing within Ukraine.

Hundreds Arrested At White House For Protesting Deportations

An immigration protest at the White House, Aug. 28, 2014. Photo by James Cullum

“People in the Congress don’t want to pass any immigration reform,” said Esteban R., an illegal immigrant from northern Mexico

43 UN Peacekeepers Captured In Syria

The peacekeepers were patrolling the border region between Syria and Israel when they were picked up by members of a UN-designated terrorist group.

NATO: Russian Troops Moving Into Ukraine

“Russia is reinforcing and resupplying separatist forces in a blatant attempt to change the momentum of the fighting, which is currently favoring the Ukrainian military,” Brigadier General Tak said.

A Rising Tide Only Lifts All Boats When Everyone Has One

We’ve never really come to grips with what poverty actually is.