Articles Tagged with ''Inflation Reduction Act''

Rural electric cooperatives are among the big winners from the Democratic climate funding package headed toward final approval in Congress.

A revised climate funding package Democrats are pushing through the Senate this weekend scraps a debt relief program for minority farmers that was blocked by the courts and replaces it with new programs earmarked for “distressed” USDA borrowers as well as farmers the department has discriminated against.

The climate funding package that Senate Democrats expect to pass this weekend will include $4 billion in drought-related funding for the Bureau of Reclamation.

The climate funding package that Senate Democrats have agreed on should make it easier to pass the next farm bill while helping consumers and producers deal with climate change, says a Democrat on the Senate Agriculture Committee, Tina Smith of Minnesota.

Lawmakers are getting the ball rolling on another round of disaster assistance, even as much of the West and Plains are baking in drought.

The Congressional Budget Office has released its cost estimates for Democrats’ spending package known as the Inflation Reduction Act.