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President Signs Omnibus Spending Bill Averting Government Shutdown

Tuesday, March 27, 2018

(North American Meat Institute)

Congress passed and President Donald Trump signed a $1.3 trillion omnibus spending bill to fund the federal government through the remainder of Fiscal Year (FY) 2018, which ends September 30, averting a government shutdown ahead of the March 23 deadline. The law provides $146.1 billion in discretionary and mandatory funding for agricultural departments and agencies, $7.6 billion below the FY 2017 enacted level. The law also amends a provision in last year’s tax bill that gave farmers a 20 percent deduction off their gross sales by selling to cooperatives. In addition, the law grants livestock haulers an exemption from the electronic logging devices (ELDs) rules until September 30, 2018.

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