The bill changes the current agricultural subsidy system. It ends direct payments to farmers for planting crops and replaces it with a revamped, beefed-up crop insurance program.
"Today's bipartisan agreement puts us on the verge of enacting a five-year Farm Bill that saves taxpayers billions, eliminates unnecessary subsidies, creates a more effective farm safety-net and helps farmers and businesses create jobs," said Sen. Debbie Stabenow, a Michigan Democrat who chairs the Senate agriculture panel.
The changes to food stamps would trim $8 billion from the program over the next 10 years, according to congressional aides. That's less than the $39 billion that Republicans had wanted to cut from the program, but double what Democrats had suggested.
Lawmakers say the deal will prevent 17 states from doling out more generous food stamps to people who get federal help to heat or cool their homes, even if the help is as little as $1. They stress the move won't cut families from food stamps, it will just shrink the amount some families get.
So, not only do the SNAP cuts at the end of this year become permanent, there's $8 billion more being cut from the program. Granted, it will only affect a small number of total SNAP beneficiaries (850,000 or so out of 47 million) but the cuts will be significant: as much as $90 a week. That's real money to real people who are going to have real problems this winter.
I don't like this deal, but given the fact that Republicans wanted to cut nearly $40 billion from SNAP, it's something of a Pyrrhic victory.
Bear in mind also that they wanted to decouple the SNAP program from the Farm Bill entirely. So yeah, I am not crazy about this, but it is way better than the alternative. The other alternative was ever passing a Farm Bill, which was happening, too.
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