Jun 28, 2018

Senate approves their version of the farm bill

Photo: Chip Somodevilla/Getty Images

The Senate passed a five-year, $857 billion farm bill 86-11 on Thursday.

One big thing: The Senate's version of the bill, unlike the House's, doesn't include changes to the SNAP program, but the legislation does contain "minor tweaks such as extending job training pilot programs ... and establishing a new pilot related to income verification," reprots Reuters. The last time a farm bill was passed was in 2014.

  • The food-stamp program accounts for around 80% of the bill, the WSJ reports.
  • The House had approved work requirements for the SNAP program, but the Senate omitted that from their version of the bill.

What's next: The Senate and House will now have to hash out the differences in their bills before sending it to the President Trump's desk for a signature.

Go deeper

The biggest crisis since 1968

Illustration: Aïda Amer/Axios. Photo: Bettmann/Contributor

The year 1968 has been on a lot of people’s minds lately — another year of protests, violence and upheaval that seemed to be tearing the nation apart.

Yes, but: This crisis also has moments we’ve never seen before — and some historians and experts say the differences suggest that 2020 doesn't compare well at all.

SoftBank to launch $100M fund backing companies led by people of color

Illustration: Aïda Amer/Axios

SoftBank COO Marcelo Claure said in a letter to employees early Wednesday that the firm will create a $100 million fund that "will only invest in companies led by founders and entrepreneurs of color."

Why it matters: The Opportunity Growth Fund is one of the first to put significant capital behind companies' statements of empathy and outrage in response to protests over systemic racism in the U.S. typified by the killings of George Floyd, Breonna Taylor and other African Americans by police.

Coronavirus hospitalizations keep falling

Data: COVID Tracking Project, Harvard Global Health Institute; Note: Alabama, Florida, Hawaii, Idaho, Kansas, Nebraska, Tennessee and Puerto Rico have not reported hospitalizations consistently. Chart: Andrew Witherspoon/Axios

The number of people hospitalized with COVID-19 continues to decline, particularly in New York and other northeastern states that were among the hardest hit by the virus.

Yes, but: Some states are still recording stagnant or rising amounts of hospitalizations.