The United States Senate is expected to pass a half-trillion-dollar farm bill on Monday.
The five-year legislation would expand subsidies for crop insurance, rice, and peanuts but eliminate subsidies paid to farmers whether they farm or not. Those eliminations would save approximately $2.4 billion a year along with across-the-board cuts that went into effect earlier this year. Small cuts to the food stamp program would also be made if the legislation passes.
The House should vote on its own version of the farm bill sometime this month.
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