Friday, June 28, 2013

7-1-13 farm bill failure

MILWAUKEE (AP) — Congress' failure to pass a farm bill last week has already resurrected talk of a "dairy cliff," in which milk prices could skyrocket to $6 a gallon. The dairy cliff became a topic of conversation last year as the 2008 farm bill and its milk subsidies were about to expire. Another extension is possible, but lawmakers such as Senate Majority Leader Harry Reid are already saying they won't support it.

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