On Monday, President Joe Biden released his FY2025 budget.

Presidential budgets are not legally binding and generally act as a guideline for the legislative priorities a president would like to see Congress address in the months ahead.

Earlier this year, the Big “I" and a coalition of agriculture groups sent a letter to the U.S. Department of Agriculture Secretary Tom Vilsack and Office of Management and Budget Director Shalanda Young, urging the Biden administration to avoid cuts to the Federal Crop Insurance Program (FCIP).

Previous administrations have proposed cuts to the program. However, the FY2025 budget includes no cuts to the FCIP, which is welcome news and a significant win for the agriculture community.

Last year, Congress passed a one-year extension of the previous Farm Bill while it continued negotiations. Both Chairmen and Ranking Members in the U.S. House of Representatives and Senate have committed to continue working toward getting a new five-year Farm Bill passed this year.

The Big “I" stands firmly in support of a resilient and dependable FCIP, aiming to provide assurance for American farmers and communities. As negotiations continue, the Big “I" will continue to advocate for a robust and strong FCIP.

As Congress considers President Biden's budget proposal in the coming weeks and months, the Big “I" will continue to provide updates through the weekly News & Views e-newsletter.

Corey Miller is Big “I" director of federal government affairs.