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Food Prices May Force Cuts in Farm Subsidies

Normally 'untouchable' price supports at risk in Congress

By Katherine Thompson,  Newser Staff

Posted May 2, 2008 2:32 PM CDT

(Newser) – Soaring food prices are putting pressure on Congress to withdraw some of the billions in  farm subsidies and ethanol incentives that have been considered politically untouchable for decades, the Los Angeles Times reports. With average farm income more than $89,000 this year—30% above...   Read full story »

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