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Senate Agriculture Committee approves Farm Bill

The bill contains several controversial provisions.

Senate agriculture committee approves farm bill
May 15, 2013

Senate agriculture committee approves farm bill

The Senate Agriculture Committee approved a version of the Farm Bill on Tuesday that would save about 2.4 percent of current yearly spending. The bill would cost almost $100 billion annually and create and subsidize a new crop insurance program, mostly for corn and soybean farmers. The bill would also raise target prices for price protection on crops. The Dairy Market Stabilization Program, a milk supply management proposal, passed the Senate but will face competition in the House of Representatives from an alternative, supply management-free amendment to be offered by Representatives Bob Goodlatte (R-VA) and David Scott (D-GA).The House Agriculture Committee will consider its version of the farm bill on Wednesday.

KEYWORDS: agriculture farms regulations

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