United States

Agricultural Act 2014 signed by President


President Barack Obama has signed the Agricultural Act 2014 which is around two years late in the making. The act is worth more than $950 billion and although the president suggested that it was an example of cross party cooperation, it had been delayed due to disagreement in Congress.

The act will:

• Introduce cuts to the Supplemental Nutrition Assistance Program (SNAP)
• Increase funding to food banks by $200 million
• Place income caps on farm subsidies
• Introduce a price support program for dairy farmers
• End direct payment subsidies to farmers whether they grew any crops or not

You can find the full act here.

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