Senate FY18 budget resolution passes house; next steps tax reform

From the National Association of Wheat Growers

On Oct. 26, the House took final action on the FY2018 Budget Resolution. With this action, National Association of Wheat Growers (NAWG) CEO Chandler Goule made the following statements about the importance of a strong farm bill and effective tax reform:

“While NAWG appreciates that no reconciliation instructions were included for agriculture, the final version does include caps for agriculture that are lower than the baseline. With prices the lowest they have been in decades, we strongly urge Congressional leadership to not only not allow cuts to the farm bill but provide more resources. The ag committees need sufficient resources to write an effective bill that meets growers needs and that ensures farmers continue to have access to a viable safety net and other important farm bill programs.”

The FY18 Budget Resolution enables a tax reform process to move forward by providing reconciliation instructions to the Senate Finance Committee and House Ways and Means Committee for $1.5 trillion in revenue reductions for the purpose of comprehensive tax reform.

“Now that Congress has completed action the budget resolution, we need to get a farm bill with sufficient funding to provide a strong safety net as well as tax reform that recognizes the needs of agriculture,” Goule said. “NAWG will continue to work with Congress to ensure unique needs of agriculture are being met during tax reform.”