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WASHINGTON — The US Senate approved on Thursday a five-year, $500 billion farm bill that’s being described as the most significant agriculture reform in a generation, but it faces an uncertain fate in the House of Representatives.
The bill, which sets funding for agriculture and nutrition programs over the next five years, is estimated to save taxpayers $23 billion compared to current spending, through elimination of some subsidies, ending payments made to farmers regardless of whether they plant a crop, and changes to the food stamp program.
In a rare display of bipartisan unity in an election year, the bill sailed through the Senate 64-35 after a two-day marathon of deliberations over hundreds of proposed amendments.....