Welch introduces bill to protect dairy farmers by closing trade loophole

first_imgCongressman Peter Welch on Tuesday introduced legislation to protect dairy farmers by closing a trade loophole that allows for the unlimited importation of a form of dried milk product. Welch s bill, the Milk Import Tariff Equity Act, will update existing trade regulations to include milk protein concentrate (MPC) and treat it like all other imported dairy products. In the past decade, MPC imports have more than doubled, undermining the market for domestic powdered milk and driving down the price Vermont s dairy farmers are paid for their milk. As international dairy producers have flooded the American market with milk protein concentrate, Vermont s dairy farmers have paid the price. By circumventing trade agreements, these producers have contributed to the plummeting price of milk and caused many Vermont farmers to go out of business, Welch said. This legislation will simply level the playing field and ensure that all dairy producers play by the same rules.Milk protein concentrate, similar to non-fat dried milk, is used in a variety of processed food products. In the past ten years, MPC imports have increased 58 percent. A 2004 International Trade Commission report found that, imported milk protein products may have displaced approximately 318 million pounds of U.S. produced milk protein [equivalent to 883 million pounds of non-fat dried milk] between 1998 and 2002.Because the technology used to produce MPCs was relatively new at the time, regulations approved during the 1995 Uruguay Round of multilateral trade negotiations neglected to include MPCs. In the years since, foreign producers have taken advantage of this oversight and increased exports at a rate higher than is allowed for other dairy products.The Milk Import Tariff Equity Act would simply close this loophole and ensure that milk protein concentrates are regulated at the same level as other dairy products.Companion legislation was introduced in the Senate earlier this year by Sen. Charles Schumer (D-NY).Source: Welch’s office. 9.29.2009last_img read more

NCUA Board to decide on TCCUSF merger, NOL increase today

first_img 8SHARESShareShareSharePrintMailGooglePinterestDiggRedditStumbleuponDeliciousBufferTumblr NAFCU staff will be on hand at today’s NCUA Board meeting, during which the board is expected to decide on its proposal to close the Temporary Corporate Credit Union Stabilization Fund (TCCUSF) and increase the normal operating level (NOL) of the share insurance fund – which NAFCU opposes.NAFCU has consistently called for a full refund for credit unions for monies they paid for corporate assessments.The NCUA’s current plan would close the TCCUSF, merge the fund’s assets and liabilities into the National Credit Union Share Insurance Fund (NCUSIF) and increase the NCUSIF’s NOL from 1.3 percent to 1.39 percent – the highest level in the fund’s history. continue reading »last_img read more

Andy Reid won his first Super Bowl, and Twitter couldn’t be happier

first_imgWith his wife, cheeseburgers and Pitbull.MORE: Patrick Mahomes calls Reid ‘one of the all-time great coaches’Reid received plenty of congratulations for the achievement as well, both on the field and from dozens of well-wishers on social media:Twitter reacts to Andy Reid’s first Super Bowl winTime’s yours, Andy. pic.twitter.com/aEiv5qiZNp— Philadelphia Eagles (@Eagles) February 3, 2020Andy Reid legacy heading in:▪3 straight Conference Championship losses (2001-03)▪3-pt loss in Super Bowl XXXIX▪consistently ridiculed for clock mismanagement▪most playoff wins for coach in NFL history w/o SBNow, he’s a Super Bowl CHAMPION. You’ve gotta love sports. pic.twitter.com/KRJ3OeIsx1— CBS Sports (@CBSSports) February 3, 2020Congrats @Chiefs and Andy Reid!@PatrickMahomes keep balling bro! #YoungLegend— Russell Wilson (@DangeRussWilson) February 3, 2020Cheers to Kansas City and congrats to Andy Reid 🍻— Buffalo Wild Wings (@BWWings) February 3, 2020Could not be happier for Andy Reid. Has been through so much professionally and personally. Congrats!! BTW, how about that Mahomes??? Wow!— Ryan Day (@ryandaytime) February 3, 2020As a @Broncos fan it’s crazy watching the @Chiefs win but I met Andy Reid a week after my injury back in 2010 while in ICU and he would literally text me the first play of every game for the rest of year. So I will always wish nothing but the best for him. Congrats coach— Eric LeGrand (@EricLeGrand52) February 3, 2020Congrats Andy Reid get off my ball coach back all you cretics he’s a world champion. #ChiefsKingdom I know my dude DT is looking down with a smile. #SuperBowlChamps pic.twitter.com/AvR3D8mpRY— Mark McMillian (@MarkMcMillian29) February 3, 2020Congrats to #andyreid and the KC chiefs… he so deserves this… great coach but a great human being as well… good job coach… pic.twitter.com/EecrMXR9fs— Gilbert Brown (@GilbertBrown) February 3, 2020Congrats to Andy Reid too. Seems like an awesome dude. Great to see him finally win a Super Bowl.— Clay Travis (@ClayTravis) February 3, 2020There’s No one more deserving than that man Coach Andy Reid. Congrats Big Red!! Super Bowl Champion. #Cheeseburgersunday pic.twitter.com/bLn0ftSikk— Brandon Boykin (@BrandonBoykin2) February 3, 2020Congrats to #AndyReid and his champion Chiefs. Has a nice ring to it. And no coach deserved a ring more.— Mike Francesa (@MikeFrancesa) February 3, 2020Dear, @PatrickMahomes and @Chiefs and of course #AndyReidMy congrats will be a mere trifle in the sea of well deserved kudos you ALL deserve tonight. Epic! #LEGENDSI have NEVER been so riveted and invested in the SuperBowl!Congrats, #KCChiefs honored to know you. Thrilled pic.twitter.com/lUlMrGavrV— David Haydn-Jones (@DavidHaydnJones) February 3, 2020Andy Reid, one of my favorite coaches, glad to see you raise the Vince Lombardi trophy!— Earvin Magic Johnson (@MagicJohnson) February 3, 2020For Andy. ❤️#ChiefsKingdom | #SBLIV pic.twitter.com/d48vVGAhQI— NFL (@NFL) February 3, 2020#andyreid and Tammy, and the Chiefs, congrats to you!! Andy and Tammy, you are still loved by so many of us in Philadelphia. A happy night for you and the Team, well deserved, and what a comeback! Wow! You’ll always have Phila as a part of your life & legacy! Congrats my friend!!— Michael A. Nutter (@Michael_Nutter) February 3, 2020A well-deserved win! Congrats, Coach #AndyReid on winning the #SuperBowl #ChiefsKindgom | #InclusionRevolution | @SOMissouri pic.twitter.com/xsH0XMxkFY— Special Olympics (@SpecialOlympics) February 3, 2020Andy Reid is a Super Bowl Champ! He has earned the respect of coaches, players, fans and media. I am so grateful for his influence and friendship!! @BYUfootball He and Tammy are a package deal just like LaVell and Patti Edwards. Somewhere in heaven LaVell is smiling!! pic.twitter.com/4Hs1nxZIz7— Chad Lewis (@Chadlewis89) February 3, 2020CONGRATS TO MY ABSOLUTE FAVORITE COACH ANDY REID ON YOUR 1ST SUPER BOWL WIN!! YOU DESERVED IT! CONGRATS @CHIEFS! Super Bowl LIV Champs— Terrell Owens (@terrellowens) February 3, 2020Huge congrats to Andy Reid. FINALLY gets that well deserved ring!— Mike Clay (@MikeClayNFL) February 3, 2020Eagles legend Brian Dawkins tears up congratulating Andy Reid pic.twitter.com/TGdfzzC1FC— Jeff Skversky 6abc (@JeffSkversky) February 3, 2020I couldn’t be happier for Andy Reid. So sweet pic.twitter.com/ODCzHHa7UM— Geoff Schwartz (@geoffschwartz) February 3, 2020 The Chiefs and coach Andy Reid won the Super Bowl on Sunday, the first of his 21-year career as a head coach.It was Reid’s only missing milestone in a storied career that saw him win 222 games, multiple coach of the year honors, 10 division titles and two conference titles. That it came 15 years after losing his first Super Bowl as coach of the Eagles in 2005 makes it that much sweeter. And how did he celebrate this landmark achievement?last_img read more