FarmPolicy

July 21, 2018

Farm Bill; Biotech; Ag Economy; and Trade

Farm Bill: Background- Budget and Spending Issues

David Rogers reported on Friday at Politico that, “House Republicans sketched out tens of billions in appropriations cuts Thursday, even as White House Budget Director Jacob Lew met with Senate Democrats amid increased pressure to resurrect major elements of last year’s presidential debt commission report.

“The GOP’s ambitious goal in the House is to roll back foreign aid and domestic spending to 2008 levels, but the leadership now admits that its net savings amount to just $32 billion from 2010 levels once new defense spending is added to the equation.”

(more…)