Lawmakers have reached a deal on the Farm Bill - KTIV News 4 Sioux City IA: News, Weather and Sports

Lawmakers have reached a deal on the Farm Bill

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A deal has been reached on Capitol Hill for a new Farm Bill, ending more than two years of fighting.

The measure announced by the House and Senate agriculture committees Monday night, preserves food stamp benefits for most Americans. The compromise cuts about one percent a year from the food stamp program.

Aides said the bill also sets new farm loss payment limits to about $125,000 for an individual and strengthens restrictions about who can receive loss payments.

Farmers said the ongoing uncertainty has negatively impacted their planting decisions for this spring. The House could vote on the bill as soon as Wednesday.

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