January 27, 2020

Farm Bill; Ag Economy; and Trade

Farm Bill and Policy Issues

Jonathan Weisman reported in Saturday’s New York Times that, “House Republicans return from spring recess next week to face the difficult — some say impossible — task of filling the gaping holes in the House-passed budget, including figuring out how to slash income tax rates without costing the government any money and finding nearly $3 trillion in savings from entitlement programs over the next decade.

“The budget, which passed the House last month and has since become a central focus of the presidential campaign, has faced blistering criticism for steep cuts to federal programs, including a blast from President Obama, who called it ‘thinly veiled social Darwinism.’”

Mr. Weisman pointed out that, “A half-dozen committees will begin drafting legislation to meet a budget-mandated $261 billion in savings over the next decade to stave off scheduled across-the-board cuts to the military in January.”

“The Agriculture Committee must slice $33.2 billion from its programs, most likely focusing on nutrition and food stamps,” the article noted.

An update at the House Agriculture Committee webpage indicated that the Committee Members will meet on Wednesday morning “to consider a proposal to satisfy the Committee’s reconciliation instructions required by H. Con. Res. 112.”