Farm Cuts Should Be Held to $23 Billion, Supercommittee Told

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Spending on agriculture, rural development and nutrition should be cut by no more than $23 billion over 10 years, leaders of the U.S. House and Senate farm panels told the supercommittee charged with reducing the federal deficit.

Specific recommendations on what to cut, including possible reductions in farm subsidies, will be provided by Nov. 1, according to a letter today from the House and Senate agriculture committees to the congressional deficit panel.