Deal reached for stopping spike in milk prices - WRCBtv.com | Chattanooga News, Weather & Sports

Deal reached for stopping spike in milk prices

  • NationalMore>>

  • Sheriff: Man killed deputy, stole his car and robbed store

    Sheriff: Man killed deputy, stole his car and robbed store

    Wednesday, April 25 2018 10:08 AM EDT2018-04-25 14:08:06 GMT
    Wednesday, April 25 2018 10:48 AM EDT2018-04-25 14:48:50 GMT
    A county sheriff in Maine says a deputy has been shot and killed following a report of a robbery at a convenience store.More
    A county sheriff in Maine says a deputy has been shot and killed following a report of a robbery at a convenience store.More
  • The Latest: Police searching for man who killed deputy

    The Latest: Police searching for man who killed deputy

    Wednesday, April 25 2018 10:28 AM EDT2018-04-25 14:28:06 GMT
    Wednesday, April 25 2018 10:41 AM EDT2018-04-25 14:41:48 GMT
    A county sheriff in Maine says a deputy has been shot and killed following a report of a robbery at a convenience store.More
    A county sheriff in Maine says a deputy has been shot and killed following a report of a robbery at a convenience store.More
  • GOP unsettled by narrow win in US House race in Arizona

    GOP unsettled by narrow win in US House race in Arizona

    Wednesday, April 25 2018 2:27 AM EDT2018-04-25 06:27:19 GMT
    Wednesday, April 25 2018 10:40 AM EDT2018-04-25 14:40:31 GMT
    (AP Photo/Matt York). Republican U.S. Congressional candidate Debbie Lesko, right, celebrates her win with former Arizona Gov. Jan Brewer at her home, Tuesday, April 24, 2018, in Peoria, Ariz. Lesko ran against Democratic candidate Hiral Tipirneni for ...(AP Photo/Matt York). Republican U.S. Congressional candidate Debbie Lesko, right, celebrates her win with former Arizona Gov. Jan Brewer at her home, Tuesday, April 24, 2018, in Peoria, Ariz. Lesko ran against Democratic candidate Hiral Tipirneni for ...
    It took a big money push from the Republican Party, tweets by the president and the support of the state's current and former governors, but the GOP held onto an Arizona U.S. House seat they would have never...More
    It took a big money push from the Republican Party, tweets by the president and the support of the state's current and former governors, but the GOP held onto an Arizona U.S. House seat they would have never considered endangered in any other year.More

WASHINGTON (AP) - The top leaders in both parties on the House and Senate Agriculture committees have agreed to a one-year extension of the 2008 farm bill that expired in October, a move that would head off a possible doubling of milk prices next month.

Senate Agriculture Committee Chairman Debbie Stabenow indicated that the House could vote on it as early as Sunday evening.

The agreement to extend current farm law until next October was reached as negotiators hit a snag on averting a broader fiscal cliff combination of higher taxes and spending cuts Jan. 1.

Agriculture Secretary Tom Vilsack said Americans faced the prospect of paying $7 for a gallon if the current dairy program lapsed and the government returned to a 1948 formula for calculating milk price supports.

Copyright 2012 The Associated Press. All rights reserved. This material may not be published, broadcast, rewritten or redistributed.

Powered by Frankly