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Balanced Reporting. Trusted Insights.
Tuesday, April 08, 2025
Senate negotiators reached agreement with the White House on details of a bipartisan infrastructure package that would provide $550 billion in new spending for roads and bridges, waterways, rural broadband and other needs.
The Biden administration has been filling positions relatively quickly at departments and agencies other than USDA that have regulatory authority over agriculture, while some of Donald Trump’s nominees to similar positions ran into troubles during the confirmation process.
A recent broadband coverage map released by the White House further illustrates rural America is in dire need of faster internet speeds, but at least one rural state is doing better than most, thanks to a commitment by local providers.
The White House is establishing a new task force on supply chain disruptions to provide a “whole-of-government” response to near-term challenges. The task force will be led by the secretaries of Agriculture, Commerce, and Transportation.
President Joe Biden is expected to release a new round of spending proposals this week, plus the tax increases to pay for them. Farm groups have been raising concerns for weeks about those tax proposals in the expectation they will include either the elimination of stepped-up basis or a new “transfer” tax on inherited assets.
Some 300 corporations, including some industry giants in the agriculture and food industry, are calling on President Joe Biden to commit the U.S. to cutting its greenhouse gas emissions in half by 2030 from 2005 levels.
The Biden administration is starting to build support for its $2.25 trillion infrastructure package during the congressional break. White House officials held an off-the-record briefing for ag and rural groups on the American Jobs Plan Thursday, and President Joe Biden tasked five Cabinet officials with selling the proposal to lawmakers and the public.
President Joe Biden is set to announce his infrastructure plan on Wednesday, and it looks like he will also propose the tax increases he wants to use to pay for it. White House Press Secretary Jen Psaki confirmed on Monday that the cost of the infrastructure package would be offset dollar for dollar.