Lawmakers Agree to Avert Milk Cliff—If They Have Time
But don't worry, slow USDA might make it a moot point
By Kevin Spak, Newser User
Posted Dec 31, 2012 8:28 AM CST
With the store shelves thinning out, Christie Wilson, Sebree, grabs a gallon of milk, Dec. 25, 2012.   (AP Photo/The Gleaner, Mike Lawrence)

(Newser) – In a desperate bid to avoid the dreaded "milk cliff," House and Senate Agriculture Committee leaders have agreed to just extend the 2008 farm bill for another year—assuming they can get around to doing so. Given the drama surrounding that other cliff, House Republican leaders tell CBS that the bill might not make it to the floor by midnight. The extension also includes drought aid for farmers, and milk policy changes. Without a deal, we'll revert to a 1949 law, sending milk prices to $6 to $8 a gallon.

"Clearly, it is no longer possible to enact a five-year farm bill in this Congress," said the chair of the House committee, calling the extension "the responsible thing to do." It was one of three potential farm bills released this weekend, including a 30-day extension dismissed by one Democrat as "a poor joke on farmers." Of course, even if legislators fail to vote, it would take a while for the USDA to implement the old law, Bloomberg points out, so prices won't spike overnight.

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Showing 3 of 7 comments
gssusarr
Dec 31, 2012 12:14 PM CST
The "idiots" had 4 years to address the issue and change, modify, continue it, whatever!! Amazing pace to seldom get anything done. "Congress gets to work = an oxymoron!"
Spudsy
Dec 31, 2012 11:20 AM CST
Where is the cry for a free, unfettered market here?
schmidtkoff
Dec 31, 2012 10:38 AM CST
recalcitrant, arrogant out of touch ungrateful snobs. elected to serve us yet continually serve themselves. wish i had a job like they have: a great salary, $170,000,+ a year with timely pay increases, golden health care, great pension, show up when they feel like it and when they do, do nothing. it appears that their sole motivation is to deny anything to advance the middle class and those less fortunate. refusal to increase the minimum wage, hell bent on repealing the affordable care act, determined to decimate medicare, medicaid, snap benefits and social security. they don't represent us at all.