The 2018 Farm Bill, explained
A few hours ago, President Trump signed into law one of his biggest priorities for 2018: a Farm Bill that will keep American agriculture and farmers on top globally.
For the first time since 1990, a farm bill has been enacted in the same year it was introduced before Congress. The 2018 bill provides crucial funding for the U.S. Department of Agriculture, as well as support, certainty, and stability for America’s farmers. Specifically, the new law:
- Extends farm support programs and improves crop insurance
- Opens new markets for American farmers
- Maintains vital disaster programs
- Promotes voluntary conservation
The 2018 Farm Bill, which also expands rural broadband access and dedicates resources to fighting the opioid crisis, is just the latest in President Trump’s mission to put rural communities back on track. Saturday will mark the one-year anniversary of the President’s historic Tax Cuts and Jobs Act, for example, which expanded the estate tax exemption that is so crucial to family farms across America.
Of course, nothing is perfect. Although the Farm Bill enhanced Supplemental Nutrition Assistance Program (SNAP) program integrity, it missed an opportunity to close loopholes that trap Americans in poverty. To help fix that, the Administration is proposing a new rule with commonsense measures to move SNAP recipients toward self-sufficiency through meaningful work whenever possible.
President Trump signs the Farm Bill: What you should know
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