WICHITA, Kansas, May 9, 2008 – The House and Senate have reached a compromise on a new farm bill and expect to vote on the measure next week.

But the new measure isn’t receiving raves as Kansas farmers say it does too little and President Bush says it does too much.

The new 300 billion dollar farm bill limits programs for farmers such as subsidies and crop insurance; something they say is crucial. And before it is even voted on, President Bush says he will veto the bill, because he sayS subsidies to farmers are too high.

For farmers at the 3i Show, an agricultural expo, news of the proposed farm bill didn’t go over well.

"It's a no win situation as I look at it as a farmer,” said Jeanne Wedd.

Wedd is just one of the many farmers amazed at how little money the farm bill actually provides to farmers.

Of the $300 billion earmarked in the bill, 73.5 percent goes to nutrition like food stamps, school lunches and food banks. Just 16.1 percent of the money goes to farmers and farming programs.

"Crop insurance is still under attack, and has become a bank for many other programs, and my efforts to restore direct payments have been unsuccessful,” said Representative Jerry Moran.

Subsidies for farmers started during the Great Depression as a way to stabilize the farm economy, but critics say times have changed.

"American farmers are receiving excessive subsidies and payments, direct payments from the federal government,” said Senator Richard Lugar from Indiana.

The proposed farm bill cuts off the subsidies for farmer making more than $750,000 per year.

“Farmers don't get rich off of that like a lot of people think,” Wedd said. “It's just a little something to help us."

But the president and others want it capped at $500,000. The idea is to eliminate subsidies for the millionaire farmer.

This year, the average farm household income is projected to be just over $89,000. That’s up 6.3 percent from last year, and higher than the average U.S. household income of $67,000.

But farmers point to past years when their crops lay in ruin and say without subsidies from the government, food prices would skyrocket.

The farm bill is expected to be voted on by the House and Senate next week. Many in the Kansas delegation have yet to see the bill, so they are not sure how they will vote.