Senate ag lawmakers release their part of the “Big, Beautiful Bill”

The Senate Ag Committee has released its changes to the President’s “Big, Beautiful Bill.” Leaders say it will take a big bite out of spending, while making sure farmers have what they need.

Numbers released last night show the Senate Committee’s plan would save taxpayers $144 billion over the next 10 years. The House version claims to save $238 billion. Both versions would see a boost to reference prices, but the real differences come with the SNAP program. House leaders want states to share most of the program’s costs with the federal government. The Senate plan would be tiered based on previous error rates by the states.

Senate Ag Committee Chair John Bozeman calls his version the “best of both worlds,” saying the Senate’s cost-sharing measures would save around $53 billion alone. Many states over the last several years have posted large error rates within the SNAP program.

Related Stories
Farm CPA Paul Neiffer explains the updates to crop insurance subsidies, additional benefits for new farmers, and eligibility considerations for those entering the program.
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.
Restored base acres strengthen cotton risk protection.
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.
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.
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)

LATEST STORIES BY THIS AUTHOR:

Transportation challenges are mounting as droughts lower Mississippi River levels and push freight rates higher.
Waiting could risk leaving next year’s crop unprotected.
Michigan corn farmer and NCGA Vice President-Elect Matt Frostic will lead the task force. He joined us on Thursday to share his insights on the escalating corn crisis.
Speaking about his administration’s tariff strategy, Trump acknowledged that producers could face financial strain in the short term but promised stopgap support.
Rising cow numbers and higher yields are boosting milk supplies, which may keep pressure on prices and farm margins into the fall.
As input costs continue to rise, diesel prices have held steady in recent weeks, according to energy analysts at GasBuddy.