The nonpartisan Congressional Budget Office determined August 2 that the House farm bill proposal would increase deficit spending by nearly $33 billion. According to the CBO report, direct spending would increase by $15.4 billion between 2025 and 2029. Between 2024 and 2033, the bill would exceed the farm bill baseline by approximately $32.9 billion.
In May, the House Ag Committee approved a Republicans farm bill proposal known as the Farm, Food, and National Security Act of 2024. At the time, multiple Democrat critics of the bill noted the spending package was well over budget based on initial CBO projections. Read more