Last week the Congressional Budget Office projected higher costs for the Farm Bill programs than it expected in 2014, shortly after passage of the measure. Draft resolutions of the Senate and House budget chairmen could come sometime this week, and there is some concern about possible opening up of the farm bill. South Dakota Corn Grower’s President Keith Alverson is hoping lawmakers don’t look to cut more from farm programs.
Alverson says it would make more sense for federal legislators to cut other more expensive programs that haven’t taken the hit farm programs have in the past.
The Congressional Budget Office’s new baseline for the farm bill shows a 50 percent increase to $ 52.7 Billion from 2014 to 2023 which surpasses the original commodity program cost projection at $ 36 billion.
