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Shining Light on Farm & Food Policy for 20 Years.
Saturday, August 17, 2024
Congressional Democrats, who are already struggling to agree on their signature Build Back Better spending plan, face the even more immediate task of averting a government shutdown and default.
The U.S. and European Union are spearheading a global initiative to reduce methane emissions by 30% by 2030, and the National Cattlemen’s Beef Association says it’s ready to contribute to the efforts.
A key House Democrat is promising to help fix language in a package of green energy tax incentives that could block U.S. farm commodities from benefiting from a new tax credit for renewable jet fuel.
Livestock industry leaders joined with producers and government officials at a virtual forum Tuesday to consider the question of how animal agriculture can sustainably feed a growing world.
The Democratic-controlled House Agriculture Committee on Monday approved a partisan spending package that is expected to grow to $94 billion once new funding for farm bill conservation programs is added.
Following an outcry from farm groups and rural lawmakers, House Democrats proposed a tax package Monday that omits President Joe Biden’s proposal to tax capital gains at death.
House Democrats look to finish pulling together their $3.5 trillion tax and spending package this week, despite a fierce internal struggle over the taxes they need to pay for it and delays in finalizing $94 billion in agriculture provisions.
Congressional Democrats’ massive Build Back Better spending plan would create a new subsidy for renewable jet fuel while also extending the existing tax credit for biodiesel and renewable diesel through 2031.
The House Agriculture Committee debated $66 billion in new spending for agricultural research, renewable energy and forestry over strenuous objections of Republicans, who used the deliberations to highlight President Joe Biden’s proposal to increase taxes on inherited assets.