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House farm bill on track

Source: House Ag Committee

The House’s version of the 2018 Farm Bill remains on track for a March unveiling.

House Agriculture Committee Chair Michael Conaway (R-TX 11th District) tells Politico his committee awaits an official 10-year cost estimate from the Congressional Budget Office. Conaway says the estimate will ensure “we can afford the proposal, as lawmakers try to avoid a bill which would increase the federal deficit.

The Congressional Budget Office estimates the 2014 Farm Bill would cost roughly $875 billion over 10 years. The Office plans to provide an updated projection later this month.

The Senate trails behind the House in their work, and some senators fear the chamber won’t finish or pass a farm bill this year.