The Congressional Budget Office has completed its analysis of the farm bill passed by the House Agriculture Committee. According to the CBO, amendments to the federal crop insurance program would reduce spending slightly over a ten-year period. Those amendments would expand crop insurance coverage for forage and grazing lands and impose higher administrative fees for catastrophic coverage. The proposed National Vaccine Bank and rapid response for animal disease outbreaks would cost $450 million over ten years. In the nutrition title, CBO estimates direct spending would increase by $1.8 billion from 2019-to-2023 and $50 million in the ten-year projections. The workforce requirements would reduce spending by more than $9 billion over ten years because some people would no longer be eligible for food stamps. Administrative costs are projected to increase if the committee bill moves forward.
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