Stabenow releases Senate farm bill draft – The Hill’s On The Money

Senate Agriculture Committee Chairwoman Debbie Stabenow (D-Mich.) on Thursday released her draft 2013 farm bill.

The bill saves $23 billion, by the committee’s unofficial estimate, over the next 10 years by replacing the existing farm safety net with new crop insurance and price-based supports and by restricting some eligibility for food stamps.

Next Tuesday, the committee will mark up the measure, which governs farm subsidies and food stamps as well as rural energy, trade, conservation and development programs for five years. The full Senate is expected to take up the bill this month.

via Stabenow releases Senate farm bill draft – The Hill’s On The Money.