(The Hill) -- TheHill.com reports, "The Senate Agriculture Committee on Thursday approved a new five-year farm bill over the objections of southern senators in a 16 to 5 final vote." According to the story, "overall the bill cuts $24.7 billion in funding over ten years, according to the Congressional Budget Office. It eliminates traditional direct payment farm subsidies and creates new crop insurance plans to reduce risk to farmers." The article also notes that "Senate Majority Leader Harry Reid (D-Nev.) has committed to bringing the farm bill to the floor even if House leaders stall on it. ... The current farm bill runs out in September but opposition by fiscal conservatives in the House could stall action there."
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