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Legislators face three hurdles as they begin debate on the next farm bill, says an Alabama farm lender.
Camp Powers, divisional president, South Alabama division of First South Farm Credit, said lack of money, loss of key players in Congress and a global economy pose significant challenges to legislators representing farm areas.
“We still seem to have plenty of money for foreign aid,” Powers said during a financing agriculture seminar at the Southern Peanut Growers Conference in Panama City, Fla., recently.
He said not much money will come out of Social Security and Medicare programs.