BANGOR, Maine (NEWS CENTER) -- For the first time since 2008, The United States Senate has passed a Farm Bill. By a vote of 66-27 senators approved the 995 Billion dollar program, which would be funder over 10 years. It would cut 24 billion dollars from the previous funding levels. The vast majority of the funding, about 760 billion would good to the SNAP or food stamp program. About 89 Billion would pay for crop insurance for farmers. The crop insurance program has been a controversial issue for many because critics argue large agribusinesses are getting taxpayer subsidies. Senator King voted for the farm bill, and explained his reasons why he supported itc including the controversial crop insurance program.
"I was concerned that crop insurance would go to some of these huge agribusiness type farms that were making upwards of three quarters of a million a million I supported an amendment by Senator Tom Coburn of Oklahoma that would limit those payments. Anything above 750 thousand dollars and the subisdy goes away," explained King.
He also added that it should be noted that this is the first piece of major legislation that the Senate has passed in a long time and that is a sign of progress. He was also proud of a provision that allows Maine forest products companies to label their products as bio-based products which should help them compete against foreign companies.
The bill now goes to the House. The House version includes steeper cuts to programs such as the SNAP Program.