Coming in at almost $1 trillion, and after three years of legislative delays, Congress has passed a farm bill. President Obama is expected to sign the farm bill into law at Michigan State University Friday.
A key takeaway from the nearly 1,000-page mega-bill is a measure that could cut about $9 million from food stamps over ten years. The cuts are said to trim an average of $90 a month in benefits from some 850,000 Americans who rely on the program.However, the farm bill’s overall spending totals are exploding.
The Congressional Budget Office says this year’s farm bill is projected to cost a total of $956 billion from 2014-2023. That’s a 49 percent increase from 2008’s $640 billion farm bill which was vetoed by President Bush due to its nearly 50 percent cost increase over the 2003 farm bill. Both houses of Congress overrode Bush’s veto.
http://www.breitbart.com/Big-Government/2014/02/05/Farm-Bill-Costs-Balloon-Despite-Food-Stamp-Cuts
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