No major piece of legislation gets approved without the blessing of the Congressional Budget Office (CBO). This nonpartisan office rates the financial impact of legislation over the next decade and its true cost.
This is important as there are multiple versions of the Farm Bill floating around, and the CBO has analyzed the House version. Johnathon Coppess is an Ag Policy Specialist, and he talks about what we have learned from the analysis.
So, what does that mean for the ag side? It’s been mentioned a lot that there isn’t much “farm” in the Farm Bill.
The question is who wins and who loses in the House version?
With elections coming and a lame-duck President, things can change quickly as far as policy and legislation.
