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Budget Deal To Have Long-Term Impact on Agriculture

Budget Deal To Have Long-Term Impact on Agriculture

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Published by Dave Ladd
Although the impact is yet to be seen, spending reductions are on the horizon fo r the agriculture sector as Congress moves forward with implementation of the re cently passed Budget Control Act of 2011. It is expected the deal will result i n at least $1.2 trillion in debt limit increases, as well as $917 billion in spe nding reductions slated to be instituted over the next decade.
Although the impact is yet to be seen, spending reductions are on the horizon fo r the agriculture sector as Congress moves forward with implementation of the re cently passed Budget Control Act of 2011. It is expected the deal will result i n at least $1.2 trillion in debt limit increases, as well as $917 billion in spe nding reductions slated to be instituted over the next decade.

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Published by: Dave Ladd on Aug 09, 2011
Copyright:Attribution Non-commercial

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