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Shining Light on Farm & Food Policy for 20 Years.
Wednesday, November 27, 2024
The House approved a pair of fiscal 2020 spending packages Tuesday that will provide a fresh infusion of disaster relief to farmers, extend the expired biodiesel credit to 2022 and bolster port inspections to protect U.S. agriculture for African swine fever and other threats.
A congressional agreement to fund the government for fiscal 2020 includes an additional $1.5 billion in disaster relief for farmers and would revive the biodiesel tax credit and extend it through 2022.
In what is setting up to be an historic week, the House is poised to ratify the U.S.-Mexico-Canada Agreement after a bitter debate over the impeachment of President Donald Trump, and lawmakers also are rushing to pass legislation to fund the government for fiscal 2020.
The U.S. and China have signed off on a partial, “Phase One,” trade pact that includes a Chinese pledge to buy tens of billions of dollars of U.S. farm commodities, President Donald Trump said Friday.