Farm Bill RepercussionsWritten by Amber Krycka
The deadline for the Farm Bill has expired.
And if Lawmakers don't do anything before January 1st, dairy producers and taxpayers could see some serious repercussions.
It's a bill that affects every citizen
"The farm bill expired and it's a big deal," says Matt Stockton, a UNL Extension Agriculture Economist.
Stockton says the food stamp is a huge issue between lawmakers, and that's what's holding everything up.
“No one wants anyone to be hungry, the other thing is we have to pay our bills, what do we do, how much do we cut, and I think it's a hard thing to do,” says Stockton.
And it's not looking too good.
“Far as Agriculture is concerned the provisions that have to deal with the amount or subsidizing with people in food and that sort of thing. I think that's one of the big hang-ups is. I don't think they'll separate those two, just kick it down the road and deal with it,” says Stockton.
And if nothing happens before January 1st, Stockton says dairy producers and taxpayers will feel the effects.
"The dairy part of thing would be a problem, tax payers aren't going to like the high prices. If they don't get something by January, the dairy prices will revert to that. They have some time to do something," says Stockton.
According to Stockton, milk is paid to the producer at less than $20. And it will be paid to the producer at $38. That's about double the cost.
"The consumers aren't going to pay for it directly, taxpayers will pay for it. Everyone in the US that pays taxes,” says Stockton.