4.2: Agriculture Programs
REDUCE AGRICULTURE PROGRAM SPENDING THROUGH 2020. Other Information:
Reduce net spending on mandatory agriculture programs by $10 billion from 2012 through 2020 with additional savings to fund
an extension of the agriculture disaster fund, and allow the Agriculture Committees to reallocate funds as necessary according
to their priorities in the upcoming Farm Bill. (Saves $1 billion in 2015, $10 billion through 2020) The Commission proposal
recommends $15 billion in gross reductions in mandatory agriculture programs to achieve gross savings of $15 billion programs
from FY 2012 to FY 2020, of which $10 billion will be dedicated to deficit reduction and $5 billion will be redirected to
extending the Agriculture disaster fund program to mitigate the need for future ad hoc disaster funding. The Commission recommends
that the savings be drawn from across mandatory agriculture programs, including: reductions in direct payments when prices
exceed the cost of production or other reductions in subsidies; limits on conservation programs such as the Conservation Stewardship
Program (CSP) and Environmental Quality Incentive Program (EQIP); and reduced funding for the Market Access Program. The Agriculture
Committees will be responsible for revising policies to meet their priorities in the upcoming Farm Bill within the lower baseline
recommended by the Commission.
Indicator(s):
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