Rule changes praised after lengthy lame duck session
Two Democratic senators say the 1st Congress lengthy finish and unfinished bills may spur Magnuson rule changes. The plan splits each session into authorization and appropriation phases to avoid last minute budget fights. Mansfield supports the idea as the 11th longest session ends, with SST debates cited.
MENTIONED IN THIS ARTICLE
Washington
Mike Mansfield
Montana
Warren G. Magnuson
Magnuson
Senate
Congress
Mansfield
U.S
Appropriations Committee
92Nd Congress
House
FHA Note Sales Soar in Rural Development Drive
Washington AP Farmers Home Administration reported insured note sales for rural lending jumped to 2.26 billion last year, more than doubling prior annual totals. The agency sells notes to private investors to fund rural housing, water and sewer systems, and family farm ownership programs. FHA Administrator James V. Smith said the record shows capital flowing into rural America to support housing and community development.
MENTIONED IN THIS ARTICLE
Washington
Farmers Home Administration
Agriculture Department
James V. Smith
FHA
America
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