Tagged: Richard Burr

Farmers in North Carolina and around the country are keeping their eyes on Washington, where Congress is crafting a new Farm Bill. 

The Senate's version cuts more than $2 billion in agricultural spending per year, but includes about $100 billion in subsides over the next five years.  President Obama has asked Senators to find more ways to save money, including cuts to a farm insurance program.

Senator Kay Hagan (D-NC) says she's co-sponsoring a bill that would prohibit colleges from using federal grants for their advertising budgets. 

Sen. Hagan and Sen. Tom Harkin (D-IA) presented the proposal Tuesday.  They say higher education institutes need more financial oversight to ensure responsible spending.  Sen. Hagan said the measure will prevent for-profit colleges in particular from recruiting people who might end up deep in debt.

"Use your taxpayer dollars on education, improving education outcomes for students," Hagan said.

North Carolina’s two US Senators agree eliminating tax loopholes should be part of the equation as congress works to avoid the so-called fiscal cliff. Congress has to decide whether tax cuts should be extended for any Americans and if automatic cuts to federal government should be partially or completely stopped. Democratic U.S. Senator Kay Hagan supports reduced spending and changes to the tax code.