The Senate on Tuesday passed a $956 billion, five-year farm bill. The legislation, already passed by the House, now goes to President Barack Obama for signature. It eliminates so-called direct payments for farmers, which are given whether they farm or not, but continues to subsidize corn, soybeans and other crops. It cuts about $8 billion in food stamp funding over 10 years, less than Republicans wanted to. The bill passed 68-32.
Source: marketwatch
Source: marketwatch
