The House Agriculture Committee met Thursday to consider the budget views and estimates letter for the 2015 fiscal year, the Reducing Regulatory Burdens Act and a resolution commemorating the act that established the nationwide Cooperative Extension System. With the enactment of a farm bill that contributes to deficit reduction and reforms every facet of farm, nutrition and conservation policy – House Ag Chair Frank Lucas says the committee will now focus on its oversight role to ensure USDA administers food and nutrition programs in a fiscally responsible way and implements the reforms of the farm bill as Congress intended. In addition – he says the committee will reauthorize the Commodity Futures Trading Commission while continuing oversight of CFTC regulations to ensure they aren’t harming economic growth and job creation. On Thursday – the committee adopted the budget views and estimates letter by voice vote and approved the Reducing Regulatory Burdens Act by voice vote. Lucas says that bill – H.R. 935 – is necessary to address the negative economic consequences of a misguided court ruling. Ranking Member Collin Peterson says it will relieve producers from the burden of a paperwork exercise with no environmental benefit. The committee formally recognized the success and contributions of the Cooperative Extension System to agricultural research and education as well with the approval of a resolution to commemorate the 100th anniversary of the Smith-Lever Act.