On July 4, 2025, President Trump signed the One Big Beautiful Bill Act (OBBB, P.L. 119-21) into law. Spanning nearly 900 pages of legislative text, OBBB relies on draconian cuts to the American social safety net – including Medicaid and the Supplemental Nutrition Assistance Program (SNAP) – in order to fund an extension of 2017 […]
Commodity
Following the Money: A Look at the Billions Behind CBO’s Farm Bill Baseline
Every spring, CBO – Congress’s official budgetary scorekeeper – publishes its ten-year projection (or “baseline”) for government spending. CBO’s baseline covers everything funded by the federal government – including farm bill spending. Published most recently on May 12, 2023, CBO’s baseline will be adopted as the official baseline for the 2023 Farm Bill. In this post, NSAC digs into the latest CBO changes to the four largest funding items within the farm bill – Commodity (Title 1), Conservation (Title 2), the Supplemental Nutrition Assistance Program (SNAP, in Title 4), and Crop Insurance (Title 11). It also looks through the Inflation Reduction Act (IRA, PL 117-169) spending projections included in CBO’s most recent updates…. Read More →