FarmPolicy

August 21, 2018

Budget; Farm Bill; Regulations; Ag Economy; MF Global; and Trade

Budget: Payroll Tax Cut Extension

Yesterday’s Need-to-Know Daily Email from the National Journal reported that, “The conference committee tasked with bridging the partisan divide over how to extend unemployment insurance and a payroll-tax break convenes today for their second public meeting. Lawmakers have until the end of the month to strike a deal. Also on their agenda is the Medicare ‘doc fix,’ which entails preventing a pay cut for doctors who treat Medicare patients. That task got harder on Tuesday, however, when the Congressional Budget Office said that freezing physicians’ pay at current levels for the coming decade would cost $26 billion more than had been assumed in November.”

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