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Senator Casey discusses why milk could soon cost $7 a gallon

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Pennsylvania Senator Bob Casey is pushing the House to get it in gear and pass not only a tax measure on the fiscal cliff, but also a crucial farm bill now being called the "dairy cliff".

That's because the first thing affected would be the price of milk, which could double to seven bucks a gallon.

Here's how it works. Every five years the government passes a farm bill to subsidize farmers, which keeps food prices lower.

But this time around, the new farm bill is stuck in a House committee. If it's not passed, food prices will go up.

Sen, Casey told us by satellite that if both measures are not passed by the House, our home budgets will take a significant hit.

“The house needs to pass it, it's not real complicated, the need to pass the bill we passed months ago,” Senator Casey explained. “If they do that we won't have to worry about sky rocketing milk prices going through the roof, and not taking some deficit off the table instead of having it on the table.”

Senator Casey emphasized that the senate has been working hard on several bills and that the House should be urged to take action on the fiscal and dairy cliffs Sunday.


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