The grand total: $956.4 billion over 10 years.
Whether the total cuts (“savings”) from the previous bill amount to $16 billion (the CBO estimate) or $23 billion (the congressional estimate) depends on how they do the calculations, but all estimates agree that the big cuts over ten years come from three areas:
- Farm programs: -$18.4 billion
- Conservation: -$6.1 billion
- SNAP: -$8 billion
ProPolitico Morning Agriculture points out that President Obama’s speech last night did not mention the farm bill. Really, it’s too awful to talk about in public.
Next public appearance
This is the rescheduling of the lecture I was supposed to give on October 10. The taxi driver went through red light at entrance to the Pulaski, was pulled over and found to be driving without a license. We never made it. The lecture is on food politics. It starts at 6:00. Free and open to the public. The Newark Museum is at 49 Washington Street. This time, I’ll take the PATH.