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:

Lewie Pugh, with the Owner-Operator Independent Drivers Association, joined us on Monday’s Market Day Report with his insights on the incident and a deeper dive into the issues at hand.
As the Trump Administration seeks out new global trade partnerships, Congress is considering more support for farmers, which comes as the Federal Reserve warns that farmers need a safety net.
Ag Secretary Brooke Rollins will travel to Europe and Asia to seek new trade partnerships for U.S. crops after China reduced imports due to tariffs.
The $221 million will help farmers and ranchers cover losses from Hurricane Helene that USDA programs didn’t cover. They’ll focus on infrastructure, markets, timber, and future economic losses.