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There were no questions on the budgets for the World Food and Agricultural Outlook and Situation Board; Foreign Agricultural Service; Office of International Cooperation and Development; and Foreign Assistance Programs budgets and the sections were considered approved as reflected on the attached chart.
At 12:05 p.m. the meeting was adjourned to reconvene at 10:00 a.m.
on Thursday, February 8, to continue consideration of budget recommendations.
SUMMARY OF TY 75 AND 79 BUDGET FOR PROGRAMS UNDER THE COMMITTEE'S
(Dolları in thousands; BA - budget authority: 0 - outlays; N/C - no change)
Includes $79,368,000 for new crop Insurance legislation inadvertently omitted from the Task Force materials.
POSSIBLE LEGISLATIVE INITIATIVES OF THE COMMITTEE ON AGRICULTURE
INCLUDED IN BUDGET RECOMMENDATIONS OF THE BUDGET TASK FORCE
New Crop Insurance legislation (startup costs only--legislation to be effective after FY 1980)
Revision of the cap on appropriations for the Food Stamp Program
Range of $6.188 billion to $6.927 billion
Range of $6.139 billion to $6.877 billion **
Dairy legislation extending minimum level of support at 80 percent of parity
Extension of F.I.F.R.A. through FY 1980
Extension of small farm research extension program under Title V of the Rural Development Act through FY 1980
Lending authorizations for FY 1980 for
Farmer-to-consumer Direct Marketing Act $ 2,000,000 Land Preservation
$ 17,000,000 Budget information not available at time of Budget Task Force action.
Represents the range between the cap contained in the Food and Agriculture Act of 1977 and the figure requested by the Administration. The exact amount will be dependent on legislation to be adopted by the Congress.