Reviewing CBO Baseline for Farm Bill Program Spending

With hearings underway in the House and Senate Ag Committee, the process for writing the next farm bill is taking its initial steps. Echoes of the difficult process for the 2014 Farm Bill are being heard in calls for reductions in Federal spending, but the outlook is much different. The Congressional Budget Office (CBO) released an updated estimate for the outlays from the 2014 Farm Bill and this article reviews those estimates for farm programs, crop insurance and conservation (see CBO January Baseline).

Read the entire article here.

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