Banking and agricultural groups Thursday hailed a $6 billion emergency aid package for farmers that White House and congressional negotiators hammered out amid last-minute budget negotiations.

The deal reached late Wednesday is nearly $2 billion more than Republicans included in legislation the President vetoed last week. But it falls short of the $7.3 billion originally sought by Democrats. Congress is expected to approve by today the combination of disaster payments, higher subsidies, and tax breaks for farmers as part of a catchall spending measure.

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