Thursday, January 30, 2014

Farm Bill Agreement Reached By House, Senate Negotiators

We shall see, ",,,preserves food stamp benefits for most Americans who receive them and continues generous subsidies for farmers."

A House plan to make major cuts to food stamps would be scaled back under a bipartisan agreement on a massive farm bill, a near end to a more than two-year fight that has threatened to hurt rural lawmakers in an election year.

The measure announced Monday by the House and Senate Agriculture committees preserves food stamp benefits for most Americans who receive them and continues generous subsidies for farmers. The House was expected to vote on the bill Wednesday, with the Senate following shortly after.

The compromise was expected to cut food stamps by about $800 million a year, or around 1 percent. The House in September passed legislation cutting 5 percent from the $80 billion-a-year program. The House bill also would have allowed states to implement broad new work requirements for food stamp recipients. That has been scaled back to a test program in 10 states.

The Democratic-led Senate had twice passed a bill with only $400 million in annual food stamp cuts, and had signaled it would not go much higher. The White House had threatened to veto the House level of food stamp cuts.

The final bill released Monday would cost almost $100 billion a year over five years, with a cut of around $2.3 billion a year overall from current spending. Committee aides said they were still waiting for final numbers from the Congressional Budget Office to assess exactly how much the bill would cost.


Farm Bill Agreement Reached By House, Senate Negotiators

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