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'Dairy Cliff' averted - WCAX.COM Local Vermont News, Weather and Sports-

'Dairy Cliff' averted

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WASHINGTON, D.C. -

With just hours to the deadline, the fiscal cliff talks are still up in the air. But lawmakers say they do have a temporary solution for the so-called "dairy cliff."

Top leaders of both parties announced Sunday they have agreed to a one-year extension of the 2008 farm bill that expired back in October -- a move that could stop milk prices from doubling next month. Without that deal, the agriculture secretary says Americans could have had to pay up to seven dollars for a gallon of milk.

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