Unintended Consequences Could Result if No Agreement is Reached - KHGI-TV/KWNB-TV/KHGI-CD-Grand Island, Kearney, Hastings

Unintended Consequences Could Result if No Agreement is Reached on Farm Bill

Posted: Updated:

The fight over renewing the nation's farm bill has centered on cuts to the $80 billion a year food stamp program, but experts say there could be unintended consequences if no agreement is reached -- such as higher milk prices.

Members of the House and Senate are scheduled to begin long–awaited negotiations on the five–year, $500 billion bill this week.

If they don't finish it, dairy supports could expire at the end of the year and send the price of milk skyward.

Lawmakers are hoping to resolve the debate before election-year politics set in as there could also be political ramifications depending on how the deal shakes out.

The House and Senate are far apart on the sensitive issue of how much money to cut from the food stamp program, as it is commonly known. That is making it difficult for Congress to nail down a final agreement.

The farm bill sets policy for farm subsidies, food stamps and other rural development projects.

Untitled Document


Powered by WorldNow
General and news information or questions:
Across the Midlands Information:
Comments: comments@nebraska.tv
Phone: 308-743-2494
News Fax: 308-743-2660
All content © Copyright 2000 - 2014 WorldNow and NTV. All Rights Reserved.
For more information on this site, please read our Privacy Policy and Terms of Service.