milk cliff

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Lawmakers Agree to Avert Milk Cliff—If They Have Time

But don't worry, slow USDA might make it a moot point

(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...

Congress Gets to Work on Milk Cliff

...But will likely extend unpopular agriculture subsidies in the process

(Newser) - Fiscal cliff negotiations may be going nowhere fast, but the House and Senate agriculture committees are poised to temporarily avert another pressing crisis: the milk cliff . The two committees are drafting a short-term extension of as many as 37 expiring agriculture provisions, including one staving off a 1945 law that...

Why Milk Could Hit $8 a Gallon
 Why Milk Could Hit $8 a Gallon 

Why Milk Could Hit $8 a Gallon

Old law could be reinstated if Congress can't reach compromise

(Newser) - If Congress doesn't get its act together soon, old laws will cost all of America dearly—we're speaking, of course, of the Milk Cliff. If legislators don't take a break from fiscal cliff negotiations/posturing and pass a new farm bill by Jan. 1, the government will be...

3 Stories