Bipartisan Farm Bill Spells Savings And Changes To Subsidies
After more than two years of negotiations, lawmakers from the Senate and the House have agreed on a new, bipartisan farm bill. The five-year, $500 billion deal would reduce spending by approximately $23 billion, with much of those savings coming from cuts to the federal food stamps program. The House is expected to vote on the deal on Wednesday. Robert Siegel discusses details of the bill with reporter Derek Wallbank of Bloomberg News.