Centrist Lincoln Takes Helm of Senate Ag Panel
Count on Sen.
Count on Sen. Blanche Lincoln, the new chairman of the ordinarily low-profile Senate Agriculture, Nutrition and Forestry Committee, to make her share of waves on Capitol Hill in the next couple of years. Lincoln is in the spotlight now as one of the moderate Democrats who has to be won over in the health care debate, but it will soon be farm issues that make her a force to be reckoned with.
In the musical chairs following the death of Sen. Ted Kennedy, Sen. Tom Harkin of Iowa gave up the Agriculture gavel to take over Kennedy's Health, Education, Labor and Pensions Committee. That allowed Lincoln to take the top spot on Agriculture.
An Arkansas farm-raised legislator who knows agriculture and is tight with big farmers and Southern agriculture generally, Lincoln is a political centrist. She even helped launch her own conservative Democrats team in the Senate, called the Third Way. Expect her to align regularly with Sen. Saxby Chambliss of Georgia, the committee's lead Republican, and her counterpart in the House, Rep. Collin Peterson of Minnesota, a Blue Dog Democrat who chairs the House Agriculture Committee.
Sign up for Kiplinger’s Free E-Newsletters
Profit and prosper with the best of expert advice on investing, taxes, retirement, personal finance and more - straight to your e-mail.
Profit and prosper with the best of expert advice - straight to your e-mail.
Observers might guess again if they expect Lincoln to focus on lightweight stuff just because the extensive five-year agricultural policy legislation, the 2008 farm bill, was enacted. She's an energetic lawmaker with over 10 years of Senate experience and a seat on the powerful Finance Committee.
You'll be hearing from Lincoln regularly, and her top goals include:
---Mandating more discipline for commodity futures, especially derivatives, limits on big speculators and more trading transparency.
---Revising and updating the Child Nutrition Act, which encompasses all school food programs and means about $17 billion a year in food aid and nutrition training that affects nearly all kids.
---And digging in against further cuts in subsidies to big farm operations, an issue where she'll get help from Chambliss, but pressure from many Northern Democrats and Agriculture Secretary Tom Vilsack to cut the payments. On the other side, Southern growers of cotton, rice, peanuts, soybeans and other crops expect her to hold the fort.
Her new chairmanship also gives Lincoln more leverage on legislation for which her committee has a role but not primary jurisdiction. Some examples:
---Stricter food safety laws and expanded FDA inspections. Food processors, in general, and the House back tougher action, so look for the Senate to act, too.
---Expanded trade, including expanded access for ag product sales to Cuba, which buys a lot of what Arkansas produces -- chicken, corn, soybeans, rice and more.
---And the carbon cap and trade mandate, which is in the House energy bill. She'll join with Republicans and a handful of other Democrats in the Senate to block moves to add climate change action from any energy bill OK'd in this Congress.
Get Kiplinger Today newsletter — free
Profit and prosper with the best of Kiplinger's advice on investing, taxes, retirement, personal finance and much more. Delivered daily. Enter your email in the box and click Sign Me Up.
-
What Is a Qualified Charitable Distribution (QCD)?
Tax Breaks A QCD can lower your tax bill while meeting your charitable giving goals in retirement. Here’s how.
By Kate Schubel Published
-
Embracing Generative AI for Financial Success
Generative AI has the potential to reshape how we approach learning about and managing our personal finances.
By Rod Griffin Published
-
AI Regulation is Looming: Kiplinger Economic Forecasts
Economic Forecasts Find out what Washington and regulators have planned for artificial intelligence.
By John Miley Published
-
The Biden Tax Plan: How the Build Back Better Act Could Affect Your Tax Bill
Politics Depending on your income, the Build Back Better Act recently passed by the House could boost or cut your future tax bills.
By Rocky Mengle Published
-
Kiplinger's 2020 Election Forecast
Politics For nearly a century, The Kiplinger Letter has forecasted the outcome of presidential elections to keep readers informed of what's coming and what it means for them. Here's our call for 2020.
By The Kiplinger Washington Editors Published
-
The 2020 Election and Your Money
Politics We’ve assessed how the presidential candidates’ stances on financial issues will affect your wallet.
By the editors of Kiplinger's Personal Finance Published
-
5 HEROES Act Provisions with a Good Chance of Becoming Law
Politics The massive federal stimulus bill just passed by the House of Representatives is "dead on arrival" in the Senate. But a few proposals in the bill have enough bipartisan support to eventually become law.
By Rocky Mengle Published
-
Vote by Mail: A State-by-State Guide to Absentee Ballot Voting
Politics With health authorities recommending people continue to social distance, the idea of voting by mail is becoming an increasingly hot topic.
By Rivan V. Stinson Published
-
9 Ways COVID-19 Will Change the 2020 Elections
Politics The 2020 election will be like no other in history, as the COVID-19 pandemic will upend the business of politics as usual.
By Sean Lengell Published
-
How to Run for Local Office
Politics If you’ve ever thought that you could do a better job than the elected officials currently in office, here’s how to launch a campaign—and win.
By Kaitlin Pitsker Published