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US president Bush vetoes Farm Bill
US president Bush yesterday vetoed the $300 billion
Farm Bill, saying that it is a tax increase when high food prices are
high.
Bush's veto may not have much impact as it is likely to be overridden. It
passed the House of Representatives as well as the Senate with veto-proof
majorities.
A White House spokesman said that president Bush rejected it
because it increases federal spending. About 2/3 of the bill would pay for
nutrition programmes such as food stamps and emergency food aid for the needy.
An additional $40 billion is for farm subsidies while almost $30 billion
would go to farmers to idle their land and to other environmental
programmes.
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