Farm Bill
Jim explains what it means relative to a new farm bill.
The legislation would avert the milk cliff.
Lawmakers looking to avert automatic budget cuts and tax increases next year may include a package of cuts to ag subsidies as part of a bill.
Under baseline assumptions, farmers would choose House PLC option over any Senate option
Amendments expected on defense, ethanol, sugar, crop insurance and SNAP.
McCain argues the plan is filled with giveaways.
But negotiations continue regarding the number and scope of amendments.