FEDERALhearing transcript

House Agriculture Committee Hearing: Rural Economic Outlook

Original title: RURAL ECONOMIC OUTLOOK: SETTING THE STAGE FOR THE NEXT FARM BILL

January 1, 2017

agriculture rural economy farm bill economic policy

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The Frame

What this does

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 is mentioned in the record

Potentially affected actors named in the source documents. Mention is not a position.

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.

What changed

Last recorded activity January 1, 2017.

What's next

Next step not available in the current record.

Summary

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.

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.
The hearing was the first session of the 115th Congress for the Committee on Agriculture.

Frequently Asked Questions

What is the purpose of this hearing?

The hearing was held to review the current economic outlook for rural America to help members of Congress prepare for the next .

Who provided testimony at the hearing?

Testimony was provided by economists from the U.S. Department of Agriculture, the Federal Reserve Bank of Kansas City, Texas A&M University, and the University of Missouri.

Why It Matters

News Coverage

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Discoveries

Patterns POLISCOPE noticed across the record. These are observations to investigate, not conclusions.

policy shift90% confidence

Pre-legislative data gathering

The committee utilized expert economic testimony as a formal prerequisite to drafting the next iteration of the Farm Bill.

House Committee on Agriculture

Connected Entities

personCollin C. Peterson“Ranking Minority Member of the House Committee on Agriculture”Map →

personPatrick Westhoff“Director, Food and Agricultural Policy Research Institute, University of Missour”Map →

personD. Scott Brown“State Agricultural Extension Economist, University of Missouri”Map →

organizationHouse Committee on Agriculture“Congressional committee overseeing agricultural policy”Map →

personNathan S. Kauffman“Assistant Vice President and Economist, Federal Reserve Bank of Kansas City”Map →

personJoe L. Outlaw“Professor and Co-Director, Agricultural and Food Policy Center, Texas A&M Univer”Map →

personK. Michael Conaway“Chairman of the House Committee on Agriculture”Map →

personRobert Johansson“Chief Economist, U.S. Department of Agriculture”Map →

Sources

Open source document

www.govinfo.gov

Analysis Score

0–100

Significance60
How much this matters to a regular citizen
Controversy10
Intensity of disagreement among stakeholders
Entertainment5
Compellingness for a non-policy-wonk reader
Buzz10
Current news / social attention level

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