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Congress To Compromise on Milk Prices
After close call, the agriculture committee reveals compromise so milk prices won't double in 2013.
While Congress can't seem to agree on a compromise to avoid the "Fiscal Cliff," leadership of the agriculture committee announced a compromise on the farm bill Sunday. The compromise will keep milk prices from skyrocketing to $6 or $8 a gallon. In Woburn, as of Sunday, prices range from $2 to $4 for most varities: Senate Agriculture Committee Chairman Debbie Stabenow indicated that in addition to the one-year extension that has the backing of the committees, the House GOP is also considering two other extension bills — a one-month extension and an even smaller bill that would simply extend dairy policy that expires Jan. 1, reported the Associated Press on the NPR site. Dairy subsidies under the 2008 farm bill expire on Monday and …
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Bryce Nesbitt
10:35 am on Monday, December 31, 2012
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