Tuesday, June 5, 2007

Senate farm chief sees lower US crop subsidy limit

(Reuters) - Chairman Tom Harkin told reporters the lower ceiling would
be coupled with elimination of loopholes that allow growers to
evade payment limits altogether.




Congress must write a new farm policy law this year,
creating the opportunity for lawmakers to review crop subsidy
limits. Senators voted for a $275,000 a year "hard cap" with
few exemptions during work on the 2002 farm subsidy law.


Read more at Reuters.com Bonds News

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