The Senate passed a resolution over the weekend that brings President Trump’s agenda one step closer to reality.
It is part of a bigger move that would help move forward the reconciliation process and could reauthorize important ag tax cuts.
Several amendments were voted down, including a measure that would have limited the impact of tariffs. Another amendment would have protected areas like SNAP.
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Farmers are struggling with low commodity prices and skyrocketing input costs, resulting in debt that is outpacing income across the sector, according to the USDA’s new farm income forecast.
The trustees’ 2025 annual report, released June 18, cited a law enacted this year as the primary reason why the funds are projected to run out a year earlier than previously projected.
