Page 8A
NATION/WORLD
East Oregonian
Wednesday, October 28, 2015
No shutdown, no default: Budget deal would cut popular
Congress leaders, Obama back deal crop insurance program
By ERICA WERNER
AP Congressional
Correspondent
Congress got rid of other
types of subsidies in a wide-
WASHINGTON
— ranging farm bill last year,
The two-year budget deal including payments that
produces savings from went to farmers regardless
one of the most popular RIFURS\LHOGRUFURSSULFH
programs in farm country In turn, they increased
— federally subsidized crop federal support for crop
insurance — and farm state LQVXUDQFH
The budget deal would
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Senators and House create the savings by
members said Tuesday they lowering the rate of return
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before the deal was struck, LQVXUDQFH WR IDUPHUV 7KH
with Republican leaders federal government partially
pushing for a vote this week subsidizes those companies
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The
Republican
insurance companies that
depend on federal subsidies chairmen of the House and
said in a statement that the Senate Agriculture Commit-
proposed $3 billion in cuts WHHV 7H[DV 5HS 0LNH
over 10 years could be &RQDZD\ DQG .DQVDV 6HQ
Pat Roberts, issued a joint
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Budget-writers in Wash- statement along with the
ington have long eyed the top Democrats on the panels
crop insurance program, objecting to the cuts, which
which costs more than $9 they said would “undermine
billion annually, as a pot of a critical risk-manage-
DYDLODEOHPRQH\%XWIDUP ment tool for American
state lawmakers have fought agriculture producers and
to protect it, saying it makes FRQVXPHUV´
Both said they would
more sense than other farm
subsidies since it pays out YRWHDJDLQVWWKHELOO
Roberts
told
his
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Associated Press
WASHINGTON
—
Striving to end a cycle of
crisis, congressional leaders
and the White House united
Tuesday behind an ambitious
budget and debt deal aimed
at restoring a semblance of
order to Capitol Hill and
ending the threat of govern-
ment shutdowns until well
after a new president takes
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The outgoing House
speaker, Republican John
Boehner of Ohio, prepared
to push the deal through
his unruly chamber on
Wednesday as his last act
before departing Congress at
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All but forced to resign
under conservative pressure,
Boehner was nonetheless
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The budget deal stands as
an in-your-face rebuttal to
his hardline antagonists, on
Capitol Hill and off, who
angrily oppose spending
increases and compromises
with Democratic President
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They
seethed
but
acknowledged they were
powerless to stop an agree-
ment all but certain to pass
with votes from Democrats
and a sizable number of
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brushed off their complaints,
declaring that he intended to
make good on his promise
to leave a “clean barn” for
his successor, Paul Ryan
of Wisconsin, who is set to
get the GOP nomination for
speaker on Wednesday and
win election on the House
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“I didn’t want him to
walk into a dirty barn full
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done my best to try to clean
it up,” a good-humored
Boehner told reporters after
a closed-door gathering of
House Republicans, his last
such weekly meeting after
AP Photo/Lauren Victoria Burke
Outgoing House Speaker John Boehner of Ohio talks
with reporters on Capitol Hill on Tuesday.
“I don’t want (Paul Ryan) to walk into
a dirty barn full of you-know-what. So
I’ve done my best to try to clean it up.”
— John Boehner, Republican,
Outgoing Republican Speaker of the House
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and a quarter-century on
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During the meeting,
Republican lawmakers had
a parting gift for Boehner: a
golf cart with Ohio license
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Boehner told them he had
a gift in return: the budget
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The deal would boost
military spending as sought
by defense hawks, even
as it would take away the
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a GOP-led Congress in the
middle of a campaign season
where Republicans are
aiming for the White House
and trying to hang onto their
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Struck over recent days in
closely held talks with White
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House and Senate leader of
both parties, the agreement
would raise the government
debt ceiling until March
2017, removing the threat
of an unprecedented and
market-rupturing national
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At the same time it would
set the budget of the govern-
ment through the 2016 and
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punishing spending caps by
providing $80 billion more
for military and domestic
programs, paid for with a
hodge-podge of spending
cuts and revenue increases
touching areas from tax
compliance to spectrum
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The deal would also avert
a looming shortfall in the
Social Security disability
trust fund that threatened to
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an unprecedented increase
in Medicare premiums for
outpatient care for about 15
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The
White
House
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“No one got everything
they wanted,” said Vice
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will last for two years, and it
will prevent us from lurching
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Congressional Democrats
have pushed for months
for such a deal, bottling up
routine spending bills in an
effort to produce negotiations
that would result in increased
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Walgreens buying Rite Aid, creating drugstore giant
NEW YORK (AP) —
Walgreens is buying rival Rite
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in cash, creating a drugstore
giant with nearly 18,000
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The deal combines the
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drugstore chains, based on
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one of the world’s largest
pharmaceutical buyers even
bigger at a time when other
key health care players like
insurers and drugmakers
also are expanding through
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Walgreens said it will pay
$9 for each share of Rite Aid
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premium to Rite Aid’s closing
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of both companies jumped
Tuesday after The Wall Street
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The companies said the
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Walgreens Boots Alliance
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Aid, which is based in Camp
Hill, Pennsylvania, has more
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The companies expect the
deal to close in the second
AP Photo/Charles Krupa, File
Walgreens confirmed Tuesday that it will buy rival
Rite Aid, creating a drugstore giant with nearly 18,000
stores around the world.
half of next year, although
given that it is combining
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in its industry, it could draw
close scrutiny from anti-trust
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It comes less than year
after Walgreens bought Euro-
pean health and beauty retailer
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Illinois-based Walgreens also
owns Duane Reade stores in
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A combination with Rite
Aid will give Walgreens addi-
tional purchasing power in
negotiating prices with drug
companies, a hot topic given
the rapid rise in cost for some
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Adding Rite Aid’s stores
could also help Walgreens
lower price for its customers
because its growing volume
of prescriptions would put
it in a better position in talks
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Rite Aid stores will initially
keep its name after the deal
closes, Walgreens said, but
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DON’T MISS OUT!
BRIEFLY
GM says it has reports
GM recalling
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1.4M cars; oil
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leaks can cause
for the latest recall, and
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will use state registration
DETROIT (AP) —
databases in an effort to
General Motors issued its
track down the owners and
third recall in seven years
notify them by mail, said
for cars that can leak oil and VSRNHVPDQ$ODQ$GOHU
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In the previous recalls,
damaging garages and
in 2008 and 2009, GM
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told owners to park the
The recall, which covers cars outside until repairs
PLOOLRQYHKLFOHVGDWLQJ can be made since most
to 1997, is needed because
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shortly after drivers turned
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said he doesn’t know if
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GM will make the same
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A valve cover gasket can
The latest recall, mainly
degrade over time, allowing in North America, includes:
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braking, oil drops can fall
Grand Prix and Buick
onto the exhaust manifold
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Chevrolet Impala; the
spread to a plastic spark
1998 and 1999 Chevrolet
plug wire channel and the
Lumina and Oldsmobile
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They’ve served our country with
courage and honor. They’ve left
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in protecting their country. They’ve
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They make us proud to be
Americans.
Join us for Veterans Day,
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Honoring those who have served and those
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Your Address
WASHINGTON
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Tuesday it chose Northrop
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the B-2 stealth bomber, to
build its next-generation
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$80 billion project designed
to replace the aging bomber
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eventually may be capable
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The loser of the high-
stakes bidding contest was
a team formed by Boeing
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&RUS7KHQHZERPEHUZLOO
meet the nation’s long-
range strike aircraft needs
IRUWKHQH[W\HDUV
PRICES
Wednesday, November 5 th
SALUTE
Your Name
Air Force
picks Northrop
Grumman to
build next bomber
DEADLINE
Veterans Day
Military Rank
&KHYUROHW0RQWH&DUOR$OO
KDYHOLWHU9HQJLQHV
Bring in or call 1-800-522-0255
with a photo and message to your
hero to give them a special thanks.
Celebrate Your
Loved Ones in Our
Military Branch
colleagues at a Senate
Republican caucus lunch
Tuesday that his panel
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that chipping away at crop
insurance could mean that
farmers have to depend on
Congress to approve emer-
gency spending for farmers
when they suffer large-scale
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“Agriculture producers
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others continue to face
ongoing
and
severe
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“Crop insurance has kept
them in business in a tough
economy and eliminated the
need for a costly emergency
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Still, Roberts did not go
as far as to say he would
try and block the budget
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he hoped that lawmakers
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to meet the same savings
before Congress writes a
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“Maybe we can achieve
the same goal by a different
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J OSEPH B. D AVIS
J OSEPH S MITH
Thank you for
your service!
Love always
Marcy, Julie &
Emily