Creative Budgeting: Is a “no-new-money” Farm Bill possible?

It will take some creative budgeting to meet producers needs in a “no-new-money” Farm Bill.

Andrew Walmsley with the American Farm Bureau says that no-new-money will be a challenge as the farm bill spans the next five years, and producers are much different than they were back in 2018.

AFBF’s Senior Director of Government Affairs shares how he things it could be done.

“There’s a lot of different ways to move some money around, change some timelines that could free up some additional dollars, so we definitely think there’s a pathway forward... But at the end of the day, we will need a meaningful Farm Bill that does invest in safety net programs, commodity title in particular, and that protects crop insurance, and we’re confident that Congress can find a way to do that,” he explains.

Walmsley also says that SNAP is an obvious target to find ways to stretch the dollar further, especially after USDA reported its 12% error rate.