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The Agriculture Improvement Act of 2018: Initial Review

For this initial review of the conference product, the discussion will focus on the four key mandatory titles in the farm bill.  The CBO cost estimate (score) reinforces the view that the bill is largely status quo.  CBO estimates very little net change in spending: an increase of $1.8 billion through 2023, but sustained reductions in assumed outlays from 2024-2028 result in only a $70 million increase over the entire 10-year budget window.

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Farm Doc Daily
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