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Agricultural Subsidies: Program Approved by House Committee



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The House Agriculture Committee has reached a tentative agreement on a three-year subsidy program for dairy, wool, wheat, feed grain, and cotton producers. The cost of the new program is estimated at just over $3 billion per year, and it will include a limit on subsidy payments to individual producers of $55,000 per year.

22-Jul-70

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Carl Albert Congressional Research and Studies Center | University of Oklahoma https://www.ou.edu/carlalbertcenter