Sen. Chambliss Says WTO Case Won't End U.S. Cotton Aid.

The New York Times reports:

The United States will not abandon aid for its cotton farmers, despite the outlawing of an export subsidy by the World Trade Organization, [Sen. Saxby Chambliss] the chairman of the Senate Agriculture Committee said on Wednesday.

The WTO agreed with Brazil this year that U.S. subsidies violated trade rules. To comply with the ruling, the Bush administration this week proposed termination of the so-called Step 2 subsidy and long-term export credit guarantees. [Step 2 gives exporters and millers an incentive to buy higher-priced U.S. cotton.]

Senate Agriculture Chairman Saxby Chambliss said in a statement, ``the issue was with how -- never that we could not -- provide support for our farmers.''
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Thanks Saxby. Our farmers need all the help we can give them.