Reviewing the June 2017 CBO Baseline

On June 29, 2017, the Congressional Budget Office (CBO) released its updated estimates for the mandatory programs in the Agricultural Act of 2014, known as the baseline (see, USDA Mandatory Farm Programs and Supplemental Nutrition Assistance Baseline). It is standard practice by CBO to update its January estimates, which were discussed previously (see, farmdoc daily, March 2, 2017). This article reviews some of the key issues from the latest CBO Baseline.

Read the entire article here.

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