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Post by bot on Feb 5, 2014 10:00:14 GMT -5
Senate passes five-year farm bill WASHINGTON (MarketWatch) - The Senate on Tuesday passed a $956 billion, five-year farm bill. The legislation, already passed by the House, now goes to President Barack Obama for signature. It eliminates so-called direct payments for farmers, which are given whether they farm or not, but continues to subsidize corn, soybeans and other crops. It cuts about $8 billion in food stamp funding over 10 years, less than Republicans wanted to. The bill passed 68-32.
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