Despite the hiccups, Senate Majority Leader John Thune says he will meet the July 4th deadline for the “Big, Beautiful Bill.”
There are several differences between his version and the House bill, but he tells his colleagues that the Senate version checks a lot of important boxes.
“In addition to providing farmers and ranchers with tax relief, our bill updates the farm safety net to address some of the challenges farmers and ranchers have been facing, and increases reference prices for every covered commodity, and makes these prices more responsive to market conditions in coming years, and increases crop insurance coverage and affordability, including for farmers just starting out. It supports livestock producers by making existing programs more responsive to drought and by funding prevention of animal diseases that can devastate livestock.”
However, lawmakers on the other side of the aisle argue that the bill will be costly to taxpayers. Minority Leader Chuck Schumer says the math is flawed with the cost-saving measures and warns it will hurt the middle class.
Farm CPA Paul Neiffer explains the updates to crop insurance subsidies, additional benefits for new farmers, and eligibility considerations for those entering the program.
March 19, 2026 02:12 PM
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Farm CPA Paul Nieffer explains the Farmer Bridge Assistance payment limits, provides clarity on new legislation, and offers advice for producers considering business structure adjustments.
March 12, 2026 03:31 PM
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Restored base acres strengthen cotton risk protection.
March 01, 2026 05:00 AM
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RFD NEWS correspondent Frank McCaffrey spoke with U.S. Congressmen Henry Cuellar (D-TX) and John Rose (R-TN), who say bipartisan cooperation will be key to getting the Farm Bill to the president’s desk.
February 09, 2026 11:46 AM
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The House Agriculture Committee is set to debate a new, “skinny” Farm Bill at the end of February, according to a release from Committee Chairman Rep. Glenn “GT” Thompson.
February 05, 2026 12:35 PM
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The biggest development of 2025 in agricultural law and taxation was the signing into law on July 4 of the Trump Administration’s landmark legislation, the “One Big Beautiful Bill” Act (OBBBA)
February 02, 2026 11:40 AM
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