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 31

● Shrimp origins are questioned

● IRS adjusts taxes for inflation

● Gerber’s baby food doesn’t prevent allergies

● Charity accused of electioneering

● Coalition seeks restoration of whistleblower rights

● Divestiture ordered for media deal

LISTEN: The Day Ahead – October 31, 2014

The Day Ahead Logo

The Obamas celebrate Halloween, the UN dispatches its West African envoy to Burkina Faso and San Francisco celebrates its third World Series in five years.

Interview: Racial Inequality “A Major Factor” In South Carolina

Dr. Lonnie Randolph, Jr., President of the South Carolina NAACP spoke to TRNS after two former police officers pleaded guilty to excessive force by repeatedly tasering a 40-year-old black woman with mental disabilities.

Hagel Denounces Assisting Assad Regime

While immediate U.S. airstrikes in Syria have weakened the Assad regimes’ enemies, Secretary Hagel reaffirmed the Pentagon’s long term battle against the Assad regime

Interview With Rob Maness: Republican Candidate For Louisiana

While many Republicans have been endorsing Rep. Bill Cassidy, Maness says that they have also been launching a smear campaign against him.

DoD: The Scale Of Deployment Determined Monitoring Policy

The duration of deployment and number of troops to West Africa is driving the decision for a 21-day controlled Ebola monitoring policy, the Department of Defense said.