The Heritage plan would cut federal spending by $10.5 trillion over 10 years and lead to a balanced budget by 2023. Given the source, surprisingly little of that rather large savings comes from agricultural policy.Heritage Foundation, a conservative think tank, has released its federal budget proposal for FY 2017. It is entitled “Blueprint for Balance: A Federal Budget for 2017.” The plan will be followed up with two more papers: one on a policy vision for presidential-congressional joint action and one on presidential/cabinet-level initiatives. The Heritage plan would cut federal spending by $10.5 trillion over 10 years and lead to a balanced budget by 2023. Given the source, surprisingly little of that rather large savings comes from agri...

TAGS – Softs