Despite protests from the Bush administration, House and Senate lawmakers are still attempting to reach an agreement before the end of the week on a compromise farm bill that could contain over $750 million in tax-exempt bond provisions.

On Tuesday, President Bush issued a statement calling for lawmakers to admit they have "failed to put forward a good farm bill," and instead pass a one-year extension of the current farm law. The bill currently being discussed by lawmakers would increase spending by at least $16 billion, "masked in part by budgetary gimmicks and funded in part by additional tax revenues," Bush complained, calling the tax revenue provisions "unacceptable."

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