While Congress has extended the 2002 Farm Bill to April 18, President Bush said he would ask for a one-year extension if legislators don't reach agreement by the April date. Bush has previously voiced his frustration with both the House and Senate versions of the bill, and has said he would veto anything that looks similar to the current proposals, particularly as it relates to tax increases.

"I will sign this legislation (a one-year extension) to avoid serious disruptions that might result if the current law is allowed to expire without a responsible Farm Bill enacted in its place," Bush said in a statement. He wants a one-year extension if the April 18 deadline passes without a resolved bill because, "I believe the government has a responsibility to provide America's farmers and ranchers with a timely and predictable farm program — not multiple short-term extensions of current law."

Bush also reaffirmed his veto threat, saying, "I have also made it clear that any final Farm Bill that includes a tax increase or does not include reform will be met with a veto."