FarmPolicy

October 19, 2019

Budget and Farm Bill Issues; Ag Economy; and Climate Change

Budget and Farm Bill Issues

Erik Wasson and John T. Bennett reported on Wednesday at The Hill’s On the Money Blog that, “The supercommittee’s failure is widely expected to punt critical decisions on taxes and spending to the lame-duck Congress in December 2012, which could end up being one of the busiest ever.

“At the top of the list are the Bush tax rates now set to expire at the end of the next year.

Efforts to cancel or mitigate the $1.2 trillion in automatic cuts triggered by the failure may also be decided in the lame-duck.”

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