February 7th, 2014
07:30 AM ET
9 years ago

Obama announces investment push as he signs farm bill

Updated 3:07 p.m. ET, 2/7/2014

East Lansing, Michigan (CNN) - As he signed the nearly $1 trillion farm bill into law here Friday, President Barack Obama touted a new program designed to bolster rural American businesses – marching forward in his bid to advance his agenda without Congress.

The massive farm bill, approved by Congress Tuesday after years of haggling between lawmakers, sets agriculture policy for the next five years. The legislation also cuts monthly food stamp payments for low-income Americans and ends direct subsidies to farmers.

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“Despite its name the farm bill is not just about helping farmers,” Obama said, pointing to the resources the bill directors toward infrastructure, research and conversation efforts. “It’s like a Swiss Army Knife…it multitasks.”

Obama signed the measure at Michigan State University's indoor horse arena, backed by a massive green tractor and crates of Michigan-grown apples and squash. The school is the nation's oldest land grant university, situated amid Michigan's large farming sector. Democratic Sen. Debbie Stabenow of Michigan was a top negotiator for the Farm Bill, which was seen as a glimmer of bipartisanship in Congress.

Obama said Friday he hoped the winning streak would continue.

“Instead of wasting time creating crises that impede the economy, we're going to have a Congress that's ready to spend some time creating new jobs, new opportunities,” Obama predicted – though later went on to tout the new "Made in Rural America" initiative, which continues his effort to use executive action to get around Congress.

The White House said the plan would help connect businesses outside of cities and suburbs to export opportunities and assistance.

A report from Obama's Council of Economic Advisers, released Friday, indicated strength in America's agriculture sector – new farm income was predicted to rise to $131 billion in 2013, a 46% jump from 2008.

"The past five years represent one of the strongest periods in our Nation's farm economy," the report states. "Not only does American Agriculture put food on the table for American families at affordable prices and provide raw material for a range of vital purposes, it also supports every twelve jobs in the economy. The hard work down on the farm is felt throughout our economy."

Friday's push to highlight and bolster rural America came after a series of attempts to help strengthen the middle class and reduce the income gap. Much of the focus has centered on cities and towns – including attempts to revitalize cities that were struck hard by last decade's recession.

One such city – Detroit – isn't on Obama's schedule Friday, though he did have lunch with the Motor City's mayor along with Don Graves, Obama's point man on Detroit's bankruptcy.

Mayor Mike Duggan said afterwards the meeting was a productive way for him to tell Obama what Detroit needs from the federal government as it continues to navigate bankruptcy. He also said the President invited him to the White House next week for an event focused on jobs.

Filed under: Debbie Stabenow • Michigan • President Obama
soundoff (9 Responses)
  1. Norma Vessels

    Why do the Republicans insist on cutting back on the things poor people need the most? Why did President Obama okay the deep cut in food stamps? I'm very disappointed.

    February 7, 2014 08:45 am at 8:45 am |
  2. vic , nashville ,tn

    Agriculture industry require a large workforce so they need comprehensive Immigration Reform

    February 7, 2014 08:56 am at 8:56 am |
  3. Rudy NYC

    You keep hearing all of this talk about there are jobs out there, but no one to fill them. What sort of jobs? I never hear any mention about what types of jobs are not being filled. Are they jobs that require highly specialized skills? Those types of specialized jobs have always been there, because they usually involve some sort of proprietary process, which would require that the company train people to do.

    The types of jobs that would require the company to train you for a proprietary process should be filled. So, what's left? What types of jobs are out there that are not being filled because of a lack of qualified applicants. We have tens and tens of thousands of college graduates not finding employment, so what types of jobs does that leave? My only guess is that companies are no longer investing in training their people for these specialized positions. What else could it be?

    February 7, 2014 09:07 am at 9:07 am |
  4. Tampa Tim

    I would like to see our country move forward without the lawless arrogant party of stupid. Use those executive orders, Mr. President.

    February 7, 2014 09:08 am at 9:08 am |
  5. jinx9to88

    Yep the GOP in full hypocrite mode. The two things GOP hate the most – government and socialism. Well guess what this is a "government socialism program" that benefits the farmers. My hard earned tax money goes to fat farmers when it is to hot or it rains to much for their crop. My wife's uncle is a framer and he is smiling all they way to the bank.

    February 7, 2014 09:32 am at 9:32 am |
  6. S.B. Stein

    It isn't a perfect farm bill, but it is better than nothing at this point. I would hope that we could get some more money to food assistance programs that get food to food banks in addtion to getting more money into SNAP. The fraud rate is so low with that program, why was it cut? Oh, that's right... The teapublicans don't want to spend money on people who can save themselves.

    February 7, 2014 09:44 am at 9:44 am |
  7. Rick McDaniel

    That is laughable. That's an imaginary iniitiative, that is not intended to accomplish anything but provide political rhetoric to deceive people.

    February 7, 2014 10:12 am at 10:12 am |
  8. BeenThereDoneThat

    An attorney & constitutional law professor, President Obama knows how far to go without Congress-and he's doing it!

    February 7, 2014 11:00 am at 11:00 am |
  9. HenryMiller

    Obama announces investment push as he signs Farm Bill

    Hold onto your wallets, people! When a Democrat says "investment," what he really means is "Spend, spend, spend."

    February 7, 2014 11:37 am at 11:37 am |