The Senate's $498-billion, five-year farm bill would compensate growers when revenue from a crop falls, rather than prop up prices. The bill saves at least $23 billion by cutting crop subsidies, conservation funding and food stamps for the poor. Crop subsidies provide the rest of the savings.
"This is about reform,” says Agriculture Committee chairwoman Debbie Stabenow at a celebratory news conference. “This is about reducing the deficit."