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Shining Light on Farm & Food Policy for 20 Years.
Friday, October 18, 2024
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.
Some Democrats on the House Agriculture Committee are urging House Speaker Nancy Pelosi to secure an additional $75 million to help USDA keep African swine fever out of the U.S.
House Democrats have moved their $3.5 trillion Build Back Better plan a step closer to the House floor, but the legislation is still a work in progress.
The agriculture portion of the $3.5 trillion spending package that Democrats are putting tougher is still a work in progress. In addition to $28 billion in conservation spending that still needs to be added to the legislation, there also will be some new farm debt relief.
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.
Farm groups are breathing a collective sigh of relief that congressional Democrats have dropped the idea of taxing capital gains at death, preserving the benefits of stepped-up basis. But many may still need to start talking to their tax advisers about just what’s in the legislation and how it could affect their tax planning.
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.