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Farm Bill Compromise Reached

Federal lawmakers could vote on the much anticipated farm bill as early as this Wednesday.
Washington D.C. -- In Washington, lawmakers could vote on the much anticipated farm bill as early as this Wednesday.

Staff for the bill's negotiators spent much of today finalizing the details of the house and senate compromise.

The deal would include about $ 9 billion in cuts to the food stamp program known as snap over the next 10 years.

Aides say the bill also sets new farm loss payment limits to about 125-thousand dollars for an individual and strengthens restrictions about who can receive loss payments.

The 2008 farm bill first expired back in 2012 and lawmakers have been unable to pass a new bill since.

Farmers say the ongoing uncertainty has negatively impacted their planting decisions for this spring.

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