The 2012 Farm Bill March to a Deal

AgProfessional
12.13.12
In this article, Welles Orr discusses the current negotiations in both the House and Senate on the 2012 Farm Bill. For now, the plausible and likely scenario is for a one-year extension of the 2008 bill, with a commitment by committee leaders to complete a new five-year farm bill with specific deficit reduction targets in 2013. By necessity and considering the ramifications the budget savings presented in the competing House and Senate bills may have for a deal to avert the fiscal cliff, both sides are already conferencing a grand bargain for new U.S. farm policy in 2013.
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