FARM BUSINESS NEWS
Ryan Proposes New Budget Plan
Chris Clayton DTN Ag Policy Editor
Tue Mar 12, 2013 01:08 PM CDT

WASHINGTON (DTN) -- The House Republican budget plan would balance the budget in 10 years under a proposal released Tuesday.

But the plan offered by House Budget Chairman Paul Ryan, R-Wis., also would require farmers to admit they are in the midst of a strong economic period and pony up a larger share of spending cuts from agricultural programs than either of the farm-bill proposals that failed to pass last year.

Ryan's plan is unlikely to become law. Instead, it adds one more chapter to the continuing budget saga between congressional Republicans and President Barack Obama.

Ryan calculates that his ...

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