Farm Bill Update: A Fiscal Cliffhanger
By Patty Lovera
Understandably, readers of our blog have been asking for an update on the Farm Bill. As I reported back in October, dealing with the largest single piece of food and agriculture legislation is still on Congress’s to-do list before the end of the year. But as you’ve probably heard, they have a few other critical issues to deal with before the end of the year, including tax cuts and the deficit reduction deadline, a.k.a the imaginary Fiscal Cliff. And the outcome of the Farm Bill is tied to these negotiations going on right now in Congress.
Leadership from the House and Senate agriculture committees are reportedly working to find things they can agree on so they might be able to attach some form of a new Farm Bill or an extension of all or pieces of the 2008 Farm Bill to a tax bill, deficit reduction, or some other Fiscal Cliff measure. Stay tuned for a more in-depth analysis of farm bill negotiations next week.