Financial Times FT.com

White House in stand-off over farm subsidies bill

By Alan Beattie in London

Published: February 4 2008 22:35 | Last updated: February 4 2008 22:35

The White House is in a tense stand-off with Congress over the bill that will set US farm subsidies for the next five years.

President George W. Bush has threatened to veto the “farm bill” unless provisions he says amount to tax rises are taken out, and a cap on subsidies given to richer farmers is lowered.

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