Milk prices set to spike

(CNN) - It's something many of us have in the fridge -- milk.

It's a staple for many households and prices could spike, even double around the New Year. And that's something one lawmaker, Democratic Senator Chuck Schumer from New York, says could hurt many families.

Congress went on its five-week election break without passing a farm bill. Republican leaders in the House of Representatives announced that they would not take action on the new farm bill until after the November elections.

With all the holidays coming up, lawmakers will need to work quick to agree on a policy or prices for milk could spike with the new year.