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Read. Follow. Verify.House Agriculture Committee Hearing: Rural Economic Outlook
Record date · January 1, 2017
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What This Bill Does
The House Committee on Agriculture held a hearing on February 15, 2017, to examine the economic conditions of rural America as a foundation for drafting the next . Experts from the USDA, the Federal Reserve, and academic institutions provided testimony on the state of the agricultural economy.
This hearing established the economic data and expert testimony that informed the development of the next , which dictates federal agricultural subsidies, food assistance programs, and rural development funding.
Who It Affects
Groups the bill's text affects, as described in the record. Being affected is not a position for or against it.
Agricultural producers
The economic data presented influences federal policy regarding subsidies and support programs that impact farm operations.
Rural communities
The Farm Bill includes provisions for rural development, infrastructure, and economic support that affect these communities.
Key Facts
- The hearing was held on February 15, 2017, in Room 1300 of the Longworth House Office Building.
- The purpose of the hearing was to gather economic data to set the stage for the next Farm Bill.
- Witnesses included economists from the USDA, the Federal Reserve Bank of Kansas City, Texas A&M University, and the University of Missouri.
- The American Bankers Association submitted a statement for the record.
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- The hearing was the first session of the 115th Congress for the Committee on Agriculture.
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Discoveries
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Pre-legislative data gathering
The committee utilized expert economic testimony as a formal prerequisite to drafting the next iteration of the Farm Bill.
Connected Entities
Sources
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Analysis Score
0–100- Significance60How much this matters to a regular citizen
- Controversy10Intensity of disagreement among stakeholders
- Entertainment5Compellingness for a non-policy-wonk reader
- Buzz10Current news / social attention level
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