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Shining Light on Farm & Food Policy for 20 Years.
Monday, September 16, 2024
We now have the details on the $28 billion plan that Democrats have developed for funding climate-smart agriculture. According to a summary circulating on Capitol Hill and obtained by Agri-Pulse, the plan features a new $5 billion program to provide direct payments to farmers who plant cover crops.
Members of the House Agriculture Committee on both sides of the aisle raised concerns Thursday that many farmers will be left out of emerging carbon markets, and the panel was sharply divided over whether the Agriculture Department should be involved in regulating them.
House Agriculture Committee Chairman David Scott tells Agri-Pulse that he wants to make sure that carbon markets are going to be workable for farmers and won’t harm food production.
The House and Senate Agriculture committees have long been known as some of the most bipartisan panels in Congress. But when one party or the other insists on pushing through a partisan policy priority, the result can be the kind of rancor that marked a House Ag Committee on Tuesday.
Democrats’ massive Build Back Better bill not only protects stepped-up basis, it also includes a long-sought change in an estate-tax provision that could have far-reaching benefits for many farms.
Democratic leaders have made it official: A continuing resolution that’s needed to avert a government shutdown on Oct. 1 will include a provision to increase the debt limit.
Agriculture Secretary Tom Vilsack says the Biden administration will be announcing new steps on agriculture and climate “very, very shortly” and also will start filling the department’s state-level leadership positions within days.
With Democrats struggling to agree on their $3.5 trillion Build Back Better spending plan, a senior leader of the House Democratic caucus says the final vote on the Senate-passed infrastructure bill could be delayed.
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.