Negotiators from the House and Senate have agreed on the details of a new farm bill, more than two years late. Politicians have not voted on the bill yet, but if it passes, it's supposed to save $24 billion, with about a third of that coming from cuts in nutritional assistance food stamps.
This farm bill cuts $9 billion from food stamps over the next decade, which is much less than House Republicans wanted: The last farm bill to come out of the House cut $40 billion.
The other two-thirds of the cuts come primarily from changes in crop subsidies. Those savings, however, may be less than projected, because corn prices currently are tumbling.