Chairman Thompson Releases Statement on Updated CBO Baseline

Statement

Date: Feb. 15, 2023
Location: Washington, DC

Following the release of the Congressional Budget Office's updated baseline projections, Glenn "GT" Thompson, Chairman of the House Committee on Agriculture, issued the following statement:

"Today's CBO baseline release underscores what I have been consistently hearing from producers across the country--in light of record high input costs and volatile markets and weather, improvements to farm policy are warranted.

"Additionally, the roughly 80 percent increase to the baseline for nutrition programs since the last Farm Bill was enacted--namely due to the Biden Administration's careless update to the Thrifty Food Plan--furthers the Committee's obligation to oversight and accountability.

"The Committee will continue its assessment of the programs under our jurisdiction as we seek to craft a Farm Bill that meets the needs of our nation and revitalizes rural America."


Source
arrow_upward