A Guide to Grower Policy Options After 2008 Farm Bill Expires
Taking on operator loans in the midst of uncertainty
Of course, if no lame duck session is scheduled, farmers and all other Americans will face two economic issues more drastic than a return to post-war era farm policy: sequestration cuts set to go into effect in January and the expiration of tax cuts, the combination of which is known as the “fiscal cliff.” Without action, this deadly duo is likely to upend the already shaky U.S. and world economies.
A Congressional Research Service report with more detail on possible 2008 Farm Bill extension or expiration scenarios is available through FarmPolicy.com athttp://farmpolicy.com/wp-content/uploads/2012/09/R42442.pdf.
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