New report highlights economics of passing a farm bill
In June of 2010, the Obama Administration began providing input to Congress regarding the prospective features and policy of contents for a reauthorized farm bill. Over a period of more than three years, the Administration has supported reauthorization efforts aimed to help build a better safety net for farmers and families, and to build a better farm, food, and energy policy for the nation.
However, 43 months later and despite the best efforts of many in Congress, work on reauthorization on the Farm Bill remains incomplete. While some programs have been simply extended, others remain either unfunded, unauthorized, or without enactment of needed reforms.
The Administration has made clear that passing a comprehensive farm bill is a priority, and of importance for every American. The White House released a new report last week that explains what is at stake in this debate. You can read the full report HERE.
The new report outlines the many benefits of a new Farm Bill for all Americans. Passage of a Food, Farm and Jobs Bill would:
- Build on recent momentum of the U.S. agriculture economy, a key engine of economic growth.
- Promote development in communities across the country, by expanding new opportunities for American agriculture, increasing manufacturing potential and supporting businesses across rural America.
- Protect our vital food assistance programs, which benefit millions of families and individuals – in rural, suburban and urban areas alike
- Create a reliable safety net for our farmers and ranchers, including a strong crop insurance program, a long term extension of disaster programs and retroactive assistance for livestock producers.
- Continue federal conservation efforts, working alongside a record number of farmers and ranchers to conserve our soil and protect our water.
- Promote new markets for U.S. producers abroad and at home, honor our trade commitments and assist our farmers and ranchers to export a record amount of product around the world.
- Support research, and ensuring that our long history of agricultural innovation continues.
- And reduce the deficit, by enacting reforms saving billions of dollars in the coming decade.
The report highlights the economic benefits – for the domestic agriculture sector, its workforce, rural American communities, and families and businesses across the country – that would result from these changes, and the imperative to passing a comprehensive Food, Farm, and Jobs bill as soon as possible.
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