Agriculture Secretary Brooke Rollins: Our agriculture producers will benefit from Vietnam deal

Agriculture & Trade Policy - The new trade framework with Vietnam is expected to significantly benefit US agriculture producers [1][10] - The UK-US trade deal has reduced tariffs to basically zero for beef and corn producers, boosting exports [9] - The previous administration saw a shift from a trade surplus to a $50 billion deficit in agriculture products, highlighting the importance of realigning the world economy to prioritize American agriculture [10] Farm Bill & Support for Farmers - The Farm Bureau supports the bill, which includes crop insurance and expensing of farm equipment [1] - The bill includes approximately a $10 billion tax cut for farmers and ranchers [3] - The bill aims to preserve about 2 million family farms from being subject to the death tax [3] - Reference prices are being updated for the first time in over a decade, which is a significant step for farmers and ranchers [4] SNAP & Medicaid Program Adjustments - USDA spends almost $300 million daily on the SNAP food stamp program [2] - The bill aims to reduce fraud and abuse in the SNAP program, aligning it with those who genuinely need it [3] - The Medicaid program is considered broken, with states facing bankruptcy under its weight, necessitating reform [5][6][7]