date:Sep 29, 2018
CBO analysis of these provisions indicates that cotton farmers would receive an additional $577 million in PLC payments over 10 years; spending partially offset by reductions in spending for other crops, as well as for ARC-CO seed cotton payments (CBO Cost Estimate, April 13, 2018). CBO analysis also indicates that the increased spending for this regionally-limited yield update is net of a partial offset; the offset is from a provision that would prevent payments to any farmer who did not plant