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Revised Farm Bill to Face Gauntlet of Amendments in Senate This Week May 21, 2013 - CQ News The Senate bill proposes cutting SNAP spending by $4 billion over the next 10 years. The Congressional Budget Office estimates it will provide $18 billion in deficit reduction over the next decade. Other crops are covered by target prices under the Adverse Market Payment program, but the targets are set at levels unlikely to trigger payments with currently high market prices.