Future funding levels for USDA programs, including conservation programs, are among the most contentious issues Congress is addressing in the 2007 farm bill debate. The 110th Congress has adopted a “pay-as-you-go” approach government wide, so that any increase in mandatory funding in one area has to be offset either by equivalent spending reductions in other programs or by revenue increases. This report consists of largely of two tables. The first table summarizes the annual funding provisions, by program, in (1) current law, (2) the House-passed version of H.R. 2419, and (3) the Senate-amended version of H.R. 2419. The second table compares FY2007 authorized and actual funding levels for programs authorized in the 2002 farm bill with FY2008 and FY2012 funding levels that would be authorized in the House and Senate bills.