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Conrad files target-price based commodity amendment

Senate Budget Committee Chairman Kent Conrad, D-N.D., filed today his long-awaited amendment containing a target-price based commodity program.

The amendment says it is sponsored by Sen. Saxby Chambliss, R-Ga., Senate Finance Committee Chairman Max Baucus, D-Mont., and Sen. John Hoeven, R-N.D.

A lobbyist told The Hagstrom Report that the Congressional Budget Office has not yet scored the bill.

The amendment is linked below. Analysis will follow in today’s Hagstrom Report.