Farm Bill negotiators reach agreement; White House still doubtful

Washington (AP) Negotiators on a five-year, 300 billion dollar farm bill say they've reached a tentative agreement on the legislation and it will be considered by the House and Senate next week.

The Bush administration has objected to the bill. The White House says it seems unlikely that Congress will pass farm legislation the president can sign.

Senator Saxby Chambliss is the top Republican on the Senate Agriculture Committee. He says today's agreement would eliminate some government payments to people who make more than $750,000 in farm income annually.

That would be closer to the White House proposal on limiting subsidies. Those who make more than $500,000 in non-farm income would also be ineligible for subsidies.

(Copyright 2008 by The Associated Press. All Rights Reserved.) APNP 05-07-08 1915CDT | save this article / add to your favorites list