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Shining Light on Farm & Food Policy for 20 Years.
Sunday, March 30, 2025
We’ve got some more detail on Democrats’ plans for using their huge Build Back Better bill to promote cover crops and other forms of climate-smart agriculture. Agri-Pulse obtained a draft amendment to the bill that authorizes the $28 billion in conservation funding.
Senate Republicans have forced Democrats to go on the record as protecting existing tax benefits when it comes to transferring farm assets from one generation to the next.
Senate Democrats are proposing a tariff on carbon-intensive imports that critics say could increase farm production costs and invite retaliation by countries that would see the tax as unfairly protectionist.
USDA is using a new round of coronavirus relief funding to help farmers who serve local markets and socially disadvantaged producers. Food banks also will benefit from the $1 billion in funding that USDA is allocating.
Congress is out this week, but Biden administration officials say they’ll continue to work with Senate Republicans toward an infrastructure deal. To recap, Republicans came back with a counter-offer last week of close to $1 trillion, which is still far under Biden’s last proposal of $1.7 trillion.
Farm groups are stepping up the pressure on Congress to reject President Joe Biden’s proposals for increasing taxes on capital gains. More than 40 organizations have signed a letter to congressional leaders, saying the proposals threaten the transition to a new generation of farmers.
President Joe Biden’s proposal to tax capital gains at death accounts for about one-third of the revenue to pay for his American Families Plan, a sweeping package of education, health and child care benefits. That’s according to an analysis of Biden’s tax proposals by the Tax Foundation.