Pat Roberts. Photo: Al Drago-Pool/Getty Images

After months of negotiations, legislators have finally reached an agreement in principal on the $400 billion farm bill that jeopardizes benefits and subsidies for farmers across the country if not passed by the end of the year, the Washington Post reports.

One big thing: Sen. Pat Roberts (R-Kan.) told the Post that the deal scraps a key provision proposed by House Republicans that would have added stricter work requirements for recipients of food stamps.

  • "Between 800,000 and 1.1 million households would have faced food stamp benefit cuts under one of the House Republican proposals, according to a study by the Mathematica Policy Research," per the Post.

What's next: "The agreement is yet to be integrated into the text of the legislation and lawmakers will have to decide whether it will be voted on as a standalone bill or within a bigger package," Reuters reports. After the vote, the bill will be sent to the president for final signature. Lawmakers have until the end of the year to formally pass the bill.

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The TikTok deal's for-show provisions and flimsy foundations

Illustration: Aïda Amer/Axios

The new deal to rescue TikTok from a threatened U.S. ban — full of provisions aimed at creating the temporary appearance of a presidential win — looks like a sort of Potemkin village agreement.

How it works: Potemkin villages were fake-storefront towns stood up to impress a visiting czar and dignitaries. When the visitors left, the stage set got struck.

  • Similarly, many elements of this plan look hastily erected and easily abandoned once the spotlight moves on.
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Illustration: Eniola Odetunde/Axios

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Felix Salmon, author of Capital
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Wall Street: Recession is over

Illustration: Aïda Amer/Axios

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  • The recession is over, according to Wall Street, with current forecasts showing sustained economic growth through 2021 and beyond.