The House of Representatives on Wednesday passed a bill authorizing nearly $1 trillion in spending on farm subsidies and nutrition programs, setting the stage for final passage of a new five-year farm bill that has been stalled for over two years.
Negotiators from the House and Senate spent several weeks working out their differences on issues in the legislation, including cuts to food stamps, income caps on farm subsidies and a price support program for dairy farmers. The bill is expected to save about $16.6 billion over the next 10 years.
The bill passed the House by a vote of 251 to 166. The Senate is expected to take up the bill later this week.
The American Farm Bureau Federation supports the new Farm Bill, which was filed late Monday. AFBF President Bob Stallman released the following statement earlier today:
“The American Farm Bureau Federation commends the House for its passage of the new five-year farm bill today. It’s been a tough road for the legislation during the past two years, but we are pleased with the clear bipartisan vote that prevailed. We appreciate the conferees’ diligent work in making some tough decisions to put forth a solid bill and in getting it to this crucial point.
“We now turn our attention to the Senate for timely passage of the bill, which will provide farmers and ranchers certainty for the coming year and allow the Agriculture Department to begin planning for implementation of the bill’s provisions.
“Farm Bureau is optimistic the final 2014 farm bill will soon be ready for the president’s signature, and America’s farmers and ranchers can, with certainty, continue with their business of providing food and jobs for America.”