The US House is expected to vote today on a bipartisan farm bill unveiled Tuesday. The tentative deal includes cuts in the food stamp program and a change in the agricultural subsidy system.
Under the bipartisan agreement, up to $90 per month could be cut from food stamps, affecting 850,000 recipients.
The cut also translates to about $800 million per year, or about one percent.
The announcement was made Tuesday by US Senator Debbie Stabenow, a Democrat from Michigan.
The deal also ends direct payments to farmers for planting crops. In its place a new crop insurance program.
Stabenow says the deal "puts us on the verge of enacting a five year Farm Bill that saves taxpayers billions, eliminates unnecessary subsidies, creates a more effective farm safety-net and helps farmers and businesses create jobs."
Stabenow chairs the Senate Agriculture Committee. Reports say the agreement means $8 billion from the food stamp program over the next ten years. Republicans earlier pushed for a nearly $40 billion cut.
The agreement must still be approved by Congress and signed by the president before it takes effect.