Health head warns Congress if court voids subsidies
Health and Human Services Secretary Sylvia Burwell told the House Ways and Means Committee that the president would reject any bills restoring health law subsidies, since doing so would repeal parts of the Affordable Care Act. She urged Congress and states to plan if subsidies are struck down by the Supreme Court, which is expected to decide soon.
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Wheat futures dip as July contract leads losses
Local stocks show mixed wheat futures with July 15 at 513.50, down 18.75. Sep 15 and Dec S also slip. March 16 and May 16 futures trade lower. last spot unavailable. Estimated sales 394,862. Tuesday sales 208,690. open interest 443,543, up 2,166. Torn.
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Congress weighs repeal of country of origin meat labels
House Republicans push a bill to repeal country of origin labeling for beef pork and poultry to head off WTO rulings and potential retaliatory tariffs from Canada and Mexico. The debate follows WTO decisions upholding the challenge and prior administration revisions.
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Kansas
Greece seeks bailout breakthrough amid debt deadline
Greek Prime Minister Alexis Tsipras renewed diplomatic talks with EU leaders including Jean Claude Juncker Angela Merkel and Francois Hollande to secure 7.2 billion euros needed to avoid default. The Commission said Greek reforms must improve. S&P downgraded Greece to junk credit rating.
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