Bloomberg Anywhere Remote Login Bloomberg Terminal Request a Demo

Bloomberg

Connecting decision makers to a dynamic network of information, people and ideas, Bloomberg quickly and accurately delivers business and financial information, news and insight around the world.

Company

Financial Products

Enterprise Products

Media

Customer Support

  • Americas

    +1 212 318 2000

  • Europe, Middle East, & Africa

    +44 20 7330 7500

  • Asia Pacific

    +65 6212 1000

Communications

Industry Products

Media Services

Follow Us

The Associated Press April 20, 2012, 1:29PM ET

Congress begins uphill battle to pass farm bill

The Senate will begin laying the groundwork on a $1 trillion farm and food bill that would end direct payments and redesign safety nets that help farmers weather hard times. But with the bad political climate now gripping Washington, not many are predicting they'll see a bill produced this year.

The current five-year bill expires at the end of September and the Senate's agriculture committee is working on a new bill that would revise subsidy and conservation programs while achieving some deficit reduction.

But before getting a bill to the president, lawmakers must satisfy multiple constituents and narrow the gap between Senate Democrats and House Republicans, who are calling for major cuts in the food stamp program that comprises some 80 percent of the bill's spending.


BW Mall - Sponsored Links

Buy a link now!