The top leaders in both parties on the House and Senate Agriculture committees have agreed to a one-year extension of the 2008 farm bill that expired in October, a move that could head off a possible doubling of milk prices next month.
Senate Agriculture Committee Chairman Debbie Stabenow, D-Mich., indicated the House could vote on the bill soon, though House leaders have not yet agreed to put the bill on the floor. In addition to the one-year extension that has the backing of the committees, the House GOP is also considering two other extension bills: a one-month extension and an even smaller bill to extend dairy policy that expires Jan. 1.
Expiration of those dairy programs could mean higher prices at the grocery store within a few weeks. Agriculture Secretary Tom Vilsack said Americans face the prospect of paying $7 for a gallon of milk if the current dairy program lapsed and the government returned to a 1948 formula for calculating milk price supports.
A spokesman for House Speaker John Boehner said Sunday that Republican leaders had not decided how they would proceed on the farm extension. Boehner has pushed back on passage of a new five-year farm bill for months, saying there were not enough votes to bring it to the House floor. The Senate passed a farm bill in June.
- Dave Ramsey says: Don't make comparisons when...
- Raising a kid will cost you $245,000 —...
- Facebook makes the most obvious move ever...
- 12 kinds of late-night office emails
- 7 benefits of taking vacation time
- Utah exceeds Gov. Herbert's jobs goal
- Twitter tries to block images of James Foley...
- Proposed collector natural gas lines in Moab...
- Emerging solar plants scorch birds in... 14
- 12 women who should be on dollar bills 13
- Raising a kid will cost you $245,000... 8
- Proposed collector natural gas lines in... 7
- Balancing act: Readers dispute... 4
- New grant money helps combat air pollution 4
- Dave Ramsey says: Don't make... 4
- Twitter tries to block images of James... 3