Source: PROGRESSIVE FARMER, 11/14/17

Opponents of the House tax-reform bill pointed to the impacts of the budget deficit that could require major cuts to farm programs under current law. Unless Congress takes other action, the increase in the deficit in the new tax bill would require 100% sequestration of many farm programs including Agriculture Risk Coverage (ARC) and Price Loss Coverage (PLC) in January, the Congressional Budget Office said Tuesday in response to a request for analysis by House Minority Whip Steny Hoyer, D-Md.

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