Farm Bill poised to pass by end of week - Entrepreneur Generations

"The compromise farm bill unveiled Monday night avoids partisan minefields on food stamps and commodity policy that would have jeopardized its chances of clearing Congress before the end of the year," Catherine Boudreau and Helena Evich report for Politico. "Leaders of the House and Senate Agriculture committees rejected sweeping changes to the Supplemental Nutrition Assistance Program that House Republicans and President Donald Trump had sought, clearing a path for bipartisan support in both chambers. The final bill also sidesteps a Senate attempt to tighten limits on subsidies for wealthier farmers."

The bill also legalizes industrial hemp, a pet project of Senate Minority Leader Mitch McConnell, R-Ky. McConnell said in a tweet that he signed the reconciled bill with a pen made of hemp.

The estimated price tag for the Farm Bill is $867 billion over the next decade. Supporters hope the bill can be quickly approved by the House and Senate so President Trump can sign it before next week. If the bill isn't signed by then, it could become a hostage in negotiations on the year-end government spending package.

from The Rural Blog https://ift.tt/2Erx8NU Farm Bill poised to pass by end of week - Entrepreneur Generations

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