us lawmakers reach farm bill deal subsidies slashed
Last Updated : GMT 16:22:18
Arab Today, arab today
Arab Today, arab today

US lawmakers reach farm bill deal, subsidies slashed

Arab Today, arab today

Arab Today, arab today US lawmakers reach farm bill deal, subsidies slashed

Washington - AFP

Congressional negotiators reached a deal on a five-year bill Monday that eliminates or caps agriculture subsidies for thousands of farmers and slashes the food stamp program for needy Americans. The mammoth measure, which took some two years to hash out and endured a collapse of negotiations in 2013, could now be voted on as early as Wednesday in the House of Representatives, the chamber's Republican leaders said. The Senate could address the so-called farm bill next week, according to Senate Democrat Debbie Stabenow, chair of the chamber's Agriculture Committee. In announcing the deal, Stabenow said it "includes major reforms like eliminating the direct payment subsidy program, streamlining and consolidating other programs, and cracking down on fraud and misuse." Elimination of the subsidy program, highly contentious since its rollout in 1996, will mean doing away with most payments that have been made annually to farmers, regardless of whether there is need for the support. The measure was designed to provide income and price stability in the volatile agriculture market. By 2012, the program was costing $5 billion per year and critics derided it as an unwarranted government intervention. Even when crop prices were high, the subsidies were paid. Between 2003 and 2011, according to a government audit, nearly a quarter of the subsidies were paid to farmers who did not cultivate the crop for which the subsidy was calculated. Less than one percent of farms received grants from 2007 to 2011 even when they were growing no crops, according to a 2012 report by the Government Accountability Office. In reforming the policy, lawmakers have strengthened a federal insurance system to protect farmers against natural disasters. House Speaker John Boehner voted against previous versions of the bill, but he gave his stamp of approval to Monday's compromise. "The measure will not only save taxpayers approximately $23 billion (over 10 years), it also includes important reforms to both farm and food stampprograms," he said. The bill also has a substantial nutrition component, but one of its prime programs -- food stamps that assist some 47.7 million Americans -- is being cut, according to the compromise. Food stamps will be revised downward to save some $9 billion over the next decade, according to The New York Times. That is far less than a Republican plan which passed the House last year that would have slashed $40 billion from the newly announced program, hinting that the compromise bill announced Monday might encounter some resistance amount House conservatives. Food stamp supplements were among the bill's major sticking points between lawmakers, with Republicans arguing that the program was riddled with fraud.

arabstoday
arabstoday

Name *

E-mail *

Comment Title*

Comment *

: Characters Left

Mandatory *

Terms of use

Publishing Terms: Not to offend the author, or to persons or sanctities or attacking religions or divine self. And stay away from sectarian and racial incitement and insults.

I agree with the Terms of Use

Security Code*

us lawmakers reach farm bill deal subsidies slashed us lawmakers reach farm bill deal subsidies slashed

 



Name *

E-mail *

Comment Title*

Comment *

: Characters Left

Mandatory *

Terms of use

Publishing Terms: Not to offend the author, or to persons or sanctities or attacking religions or divine self. And stay away from sectarian and racial incitement and insults.

I agree with the Terms of Use

Security Code*

us lawmakers reach farm bill deal subsidies slashed us lawmakers reach farm bill deal subsidies slashed

 



Arab Today, arab today
Arab Today, arab today Jordanian woman reveals her project

GMT 00:46 2017 Saturday ,11 November

Jordanian woman reveals her project
Arab Today, arab today Prince's vision spurs new Cornwall village

GMT 03:12 2017 Saturday ,18 November

Prince's vision spurs new Cornwall village
Arab Today, arab today Keep kids busy at Thanksgiving gatherings

GMT 11:14 2017 Friday ,10 November

Keep kids busy at Thanksgiving gatherings
Arab Today, arab today Israel ready to cooperate with Saudi

GMT 06:31 2017 Friday ,17 November

Israel ready to cooperate with Saudi
Arab Today, arab today Airbnb raided by Japan

GMT 01:55 2017 Saturday ,18 November

Airbnb raided by Japan
Arab Today, arab today
Arab Today, arab today
Arab Today, arab today Australian academic's book pulled

GMT 15:20 2017 Monday ,13 November

Australian academic's book pulled
Arab Today, arab today May under Brexit pressure at EU reform summit

GMT 02:14 2017 Saturday ,18 November

May under Brexit pressure at EU reform summit
Arab Today, arab today Delhi half-marathon to go ahead

GMT 03:51 2017 Saturday ,18 November

Delhi half-marathon to go ahead
Arab Today, arab today The history of solar eclipses

GMT 05:16 2017 Sunday ,20 August

The history of solar eclipses
Arab Today, arab today Tesla unveils its all-electric semi truck

GMT 02:59 2017 Saturday ,18 November

Tesla unveils its all-electric semi truck
Arab Today, arab today Baidu speeds up AI progress

GMT 11:46 2017 Friday ,17 November

Baidu speeds up AI progress
Arab Today, arab today Hanan Metawe denies apology for “Major Treason”

GMT 12:22 2017 Thursday ,16 November

Hanan Metawe denies apology for “Major Treason”
Arab Today, arab today paObama climate envoy slams Trump's rejection

GMT 16:04 2017 Friday ,17 November

paObama climate envoy slams Trump's rejection

GMT 08:06 2017 Wednesday ,15 November

Ayten Amer happy for “The Flood” success

GMT 11:15 2017 Thursday ,16 November

Angola oil boss sacked by father's protege

GMT 18:41 2017 Friday ,20 October

Designer Aql Faqih aspires to innovation

GMT 11:38 2017 Wednesday ,15 November

Unloved vultures fight for their survival

GMT 11:49 2017 Thursday ,17 August

Egyptian artist presents new collection of designs

GMT 06:13 2017 Friday ,17 November

Pope denounces healthcare inequality

GMT 05:18 2017 Thursday ,16 November

Boeing announces $27bn from flydubai

GMT 17:12 2017 Monday ,07 August

Al-Shawaifi reveals secrets of total solar eclipse

GMT 16:53 2017 Tuesday ,05 September

Youssra depended on colored foam
Arab Today, arab today
Arab Today, arab today
 
 Arab Today Facebook,arab today facebook  Arab Today Twitter,arab today twitter Arab Today Rss,arab today rss  Arab Today Youtube,arab today youtube  Arab Today Youtube,arab today youtube
arabstoday arabstoday arabstoday arabstoday
arabstoday arabstoday arabstoday
arabstoday
بناية النخيل - رأس النبع _ خلف السفارة الفرنسية _بيروت - لبنان
arabstoday, Arabstoday, Arabstoday