Chair GT Thompson: The new Farm Bill will be much cheaper

The “Big, Beautiful Bill” took on much of the heavy lifting typically found in the Farm Bill. Now, ag leaders are turning their focus to the issues still left unsolved by President Trump’s legislation.

House Ag Committee Chair GT Thompson tells Politico that he is still on track to create a new Farm Bill, and he expects it to cost less than $8 billion. Thompson is looking to include bills that were agreed upon when his Committee advanced its Farm Bill last year. The reconciliation package signed late last week handled SNAP, which takes up most Farm Bill dollars. There was a lot of pushback surrounding the program, specifically when it came to overpayments.

“USDA has pointed out that there’s about $10 billion a year in waste, just in the SNAP program. Fraud, improper payments, not going to children that you hear about on the floor…it’s going to improper payments, to fraud—$10 billion a year,” said Congressman Steve Scalise.

This year, USDA found the error rate at just below 11 percent for the entire SNAP program. The new law will use these error rates to determine what states owe moving forward. States can use their error rates from this year or next to calculate their match. Then, starting in 2029, the rate would be based on the average from the three years prior.

Related Stories
New farm payment rules allow LLC members to have separate limits, but some local FSA offices are still applying outdated policies, creating confusion for producers.
According to a tweet from Rep. Anna Paulina Luna, the full House vote on the Farm Bill will be held until lawmakers return from recess.
The House is moving forward with debate on the Farm Bill after a lengthy session in the House Rules Committee cleared the legislation for floor consideration.
House lawmakers push toward a Farm Bill vote as debate grows over E15, Prop 12, and input costs, with farmers seeking certainty and policy updates.
Discussions focused on rising costs and the future of farm policy.
Rep. Adrian Smith joins us to discuss the push for nationwide year-round E15 sales and legislative hurdles for getting it into the farm bill.

LATEST STORIES BY THIS AUTHOR:

The machines do all the work at Hickory Hill Milk in South Carolina, where the pampered cows get on-demand service. They make a premium cream line of milk you still have to shake. It is so good it is used to make the world-famous Clemson blue cheese.
In today’s blog post, RFD-TV Agri-Legal Expert Roger A. McEowen shares some random thoughts on land value and transitioning your farming or ranching business to a new generation.
Today’s blog post by RFD-TV Agri-Legal Expert Roger McEowen takes a look at the “preferential payment rule,” a unique bankruptcy provision that can come as a suprise to farmers in financial distress.