By Jacob Fischler
Successful Farming
The U.S. House approved, 224-200, a five-year farm bill Thursday as members of Congress attempt to update major agriculture and nutrition policy after three years of extensions.
The bill would authorize subsidy and nutrition assistance programs through fiscal 2031. The nonpartisan Congressional Budget Office estimated an earlier version of the bill would not meaningfully affect discretionary federal spending over an 11-year window, and would add $162 million in mandatory spending over the next six years.