Farm-state lawmakers are pushing new farm subsidy plan
WASHINGTON - Corn and soybean farmers are pushing for - and Congress is moving to create - a whole new subsidy that could maintain farm incomes at a nearly four-decade high should prices fall or crops be destroyed by weather.
The new subsidy would protect farmers when their revenue drops. Critics say it is an unprecedented program that could pay billions of dollars to farmers now enjoying record-high crop prices.
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