Family Farms Are in Crisis

Floor Speech

BREAK IN TRANSCRIPT

Mr. THOMPSON of Pennsylvania. Mr. Speaker, during President Biden's politically charged, factually inaccurate, and often confusing State of the Union speech, we heard a lot of excuses about the problems American families are facing.

One line from the President's speech stood out to me: Because of my investments, family farms are better able to stay in the family.

Well, this rosy picture painted by our President doesn't tell the whole story, and his own Department of Agriculture's data proves it.

Under President Biden, rural America and our family farms are in crisis. We are in the middle of the largest agricultural trade deficit on record. Farm input costs from fuel to fertilizer have skyrocketed. Interest rates are sky high. Grocery prices are up 21 percent since Biden took office.

The state of the Union is expensive. Rural America is struggling. Our family farms are in dire straits.

As the New York Post recently said: ``Shrinkflation and many other problems are the bitter harvest of Bidenomics.''

Thankfully, we have the opportunity to course correct, to revitalize rural America, and truly get our family farms back on track. We will do this through the farm bill, one of the few remaining exercises in good governance left in Washington, D.C.

Mr. Speaker, I hope my colleagues on both sides of the aisle will join me and truly uplift our family farms.

BREAK IN TRANSCRIPT

Source