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Tuesday, January 28, 2014

Congress Agrees On Five-Year Farm Bill

Congressional negotiators agreed Monday evening on a massive farm bill that would keep agriculture subsidies, crop insurance and the food stamp program funded for another five years while ushering in reforms that promise to lower the deficit.

The measure would cost almost $100 billion a year over five years, with a cut of about $2.3 billion a year from current spending.

Negotiators from both congressional chambers have been meeting for weeks to hammer out the final details of the measure, which would provide an economic boost to farmers and agriculture-related businesses that the bill's backers say will stimulate the nation's economy.

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4 comments:

Anonymous said...

This is good, I can still eat steak every day, use real butter, eat Hagan Diaz ice cream, and fresh raspberries with my food stamps!

Anonymous said...

free money always spends easier than earned, dork

Anonymous said...

They didn't cut enough from the food stamp portion....they need to limit what can be bought and make sure the recipients are not smoking, drinking, drugging, or blinging with the money they don't have to spend on food with the handouts they're getting!

Anonymous said...

Start cutting costs by not giving any congress person farm subsides.