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Senators Propose Revenue Counter-cyclical Program

Senators Dick Durbin, D-Ill., and Sherrod Brown, D-Ohio, propose a revenue-based farm safety net.

The Senate may take a different tack than the House in its farm bill safety net for farmers. That's the intention of Senators Dick Durbin, D-Ill., and Sherrod Brown, D-Ohio, who are proposing a revenue-based farm safety net to be included in the Senate's farm bill.

The proposal has garnered the support of the American Farmland Trust and the National Corn Growers Association, who also proposed a revenue-based system.

The Senators say revenue-based countercyclical payments could replace the need for ad hoc disaster aid.

Durbin and Brown also tout the measure as budget-neutral. On the same day that the administration threatened to veto the House Ag Committee's bill, due in part to budget concerns, that might be one of the proposal's most attractive attributes. As Durbin during the announcement press call, "this whole conversation is going to be budget-driven."

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