$1 trillion farm bill could see a vote this week

If you like boondoggles, you'll love the latest version of the farm bill that may come to the floor of the House for a vote next week. They've been trying to pass this monstrosity for three years and have failed because it is ruinously expensive and maintains wasteful subsidies and anti-market principles on prices. But the bill has apparently satisfied most of the GOP leadership and will come to a vote sometime next wee: It said that Monday could feature a conference meeting to vote on unresolved issues or a Republican conference meeting to sign the conference report. Either scenario would lead to a bill being filed with the Rules Committee by Monday night in order to allow a Wednesday vote under the House three-day layover rule. Final issues in the farm bill have included how to structure dairy subsidies and how to deal with payment limits for subsidy and loan deficiency payments to farmers.   On dairy, both sides are trying to find a way to provide profit margin ...(Read Full Post)