The measure announced by the House and Senate Agriculture committees preserves food stamp benefits for most Americans who receive them and continues generous subsidies for farmers. The House could vote on the bill as soon as Wednesday.
The compromise was expected to cut food stamps by about $800 million a year, or around 1 percent. The House in September passed legislation cutting 5 percent from the $80 billion-a-year program.
The Democratic-controlled Senate had passed a bill with $400 million in annual food stamp cuts.
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