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May 24, 2017
The President has unveiled his FY18 budget, A New Foundation for American Greatness, proposing $3.6 trillion in cuts over ten years, including $228 billion in reductions to farm bill programs, which come in addition to the 21 percent cut advanced in President Trump’s “skinny budget” released in March.
The budget cuts breakdown:
Not all bad for agriculture, the budget proposal recognizes the need for infrastructure investments, including inland waterways and ports, as well as the need to reduce burdensome regulations and permitting processes.
As the President’s budget continues to be analyzed, ASA is aware the Congress, not the administration, passes the budget, and agriculture has rebuffed attacks on farm and food programs for years.
The danger is that the extreme and ill-informed cuts in this documents will embolden those in Congress who lack any understanding of how these programs combine to protect the food and farm supply chain for all Americans.
Access the full proposed budget here, and ASA’s release on the proposed budget here.