CBO Publishes Farm Bill Analysis

Dan Farm Bill, Industry News Release, Legislative

The Congressional Budget Office (CBO) says the House Agriculture Committee’s farm bill draft would reduce nutrition spending by $9.2 billion, offset by a $7.7 billion increase in spending on federal administrative costs.

cboThe CBO report on the legislation says changes to the Republican-supported bill that passed out of the House Agriculture Committee would reduce nutrition spending because some people would lose eligibility, according to the Hagstrom Report. Additionally, spending for job training and other parts of the retooled Supplemental Nutrition Assistance Program would increase administrative costs. The report also expects that states would not be able to offer training to all eligible recipients when the work requirement takes effect in 2021, or even by the end of 2028.

The full House of Representatives is expected to consider the farm bill, titled the Agriculture and Nutrition Act of 2018, within the next few weeks.

From the National Association of Farm Broadcasting News Service.