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“Only in Washington could we spend the last ... most of the year trying to figure out how to cut the budget, how to get the deficit down, how to cut $1.2 trillion out of the deficit and then that whole thing collapses,” Peterson told FDA members who gathered in the Litchfield High School choir room Dec. 10 for the cooperative’s annual meeting. Read more: Litchfield Independent Review - Peterson shares frustration with Congress
Rep. Collin Peterson, a Minnesota Democrat and the agriculture committee's ranking minority member, challenged Corzine to explain MF Global's risky investment policies. Those policies included buying billions of dollars' worth of bonds issued by Italy, Spain, Portugal and Ireland, all countries struggling to pay their bills. Once it purchased the European bonds, MF Global used them as collateral to borrow money.
A congressional "super committee" tasked with slashing the federal budget and cutting the deficit has less than a month left to finish its work. If it fails, mandatory across-the-board spending cuts of $1.2 trillion will take place.
"We don't want to pay people when they don't need it, and we don't want to pay people when they aren't growing a crop," Peterson said.
“Mission accomplished,” was how Montevideo City Manager Steve Jones described the first Minnesota Governor’s Pheasant Opener, held in Montevideo last weekend.
Rep. Collin Peterson, who's the ranking Democrat on the House Agriculture Committee, was one of the signatories to a letter to the super committee outlining the proposals.
The governor and House Speaker teamed for a "perfect morning" and lots of laughs.
A new bipartisan bill introduced by Reps. John Kline and Collin Peterson would give states greater latitude to manage the size of migrating flocks of cormorants.