Earlier this evening, President Obama introduced us to “ordinary folks” who get things done on deadlines. Our representatives have an opportunity to join that group if they manage to pass an extension to the expired U.S. farm bill by Monday. If they don’t? Government price controls on dairy products revert to a structure implemented in 1949, and milk prices could spike by an estimated $3 a gallon.
Some are calling it the “dairy cliff” or “milk cliff,” and no one’s happy about it.
Not thrilled with any of the pending cliffs. The milk cliff is a big deal at our house. Milk every breakfast & dinner #gotmilk
— Carrie Roth (@CarrieCRoth) December 28, 2012
After we go over the Milk Cliff, I guess my mom will have to start drinking her Kaluha straight
— Dana Kimpton (@dckimpton) December 28, 2012
https://twitter.com/CassiaSpice/status/284814877346914304
So, milk will cost you $8, and if you’re lucky, you might score a box of stale Twinkies off of eBay for $50. Oh, and your paycheck could be smaller thanks to the expiration of the Bush tax cuts.
If milk really does go up to $7 gallon once we go over the fiscal cliff I will start eating my Cheerios with beer.
— Hidden Vigorish (@piratesvigorish) December 28, 2012
As we go over the #fiscalcliff they are saying milk could go to $8.00/gal. Apparently the cows are going over the cliff with us.
— Marilyn (@chenoite) December 28, 2012
Fiscal cliff could send milk prices up to $8 a gallon; nation's little old ladies, kindergarteners and the Cookie Monster are outraged
— david duncan virr (@theshoegazer) December 28, 2012
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Hell with the fiscal cliff. We need to focus on the dairy cliff! $8 a gallon! You have any idea what that would mean for chocolate milk?!
— Rob Asscherick (@ROAsscherick) December 28, 2012
https://twitter.com/carney/status/284768900909002753
https://twitter.com/CuffyMeh/status/284692667093356545
So, we could have milk prices doubling, no Twinkies, and the ports closed due to a strike. That second term is off to a rollicking start.
— Jim Geraghty (@jimgeraghty) December 28, 2012
Legislators are reportedly working out a short-term extension tonight and hope to vote Monday, the last day of the year.
NBC News has learned a short FARM bill extension to be discussed in WH fiscal cliff mtg. Could keep milk prices from spiking to $8 gal
— Kelly O'Donnell (@KellyO) December 28, 2012
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