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Shining Light on Farm & Food Policy for 20 Years.
Saturday, September 14, 2024
Senate Agriculture Committee Chair Debbie Stabenow, D-Mich., and Sen. Joni Ernst, R-Iowa, are proposing a bill requiring the Committee on Foreign Investment in the U.S. to review foreign entities’ land purchases or leases exceeding $4 million or 320 acres of land over the past three years and adding the Agriculture Secretary as a member of the panel.
Leaders of the House Agriculture Committee announced the formation of a 14-member working group, evenly split between Republicans and Democrats, that is supposed to find solutions for the labor challenges facing farmers.
House Republicans were arguing not long ago that a deal on the debt ceiling could make it easier to pass a farm bill. Instead, many conservatives are angry over the debt agreement and demanding cuts to nutrition assistance and other programs that could delay the development of a new farm bill and even threaten its passage.
The Senate brings out its fiscal 2024 spending measure for USDA and FDA this week, a bill that is shaping up to be an early test of a coming showdown with House Republicans over government funding.
That didn’t last long. Just two weeks after Congress passed the debt ceiling agreement, the fiscal 2024 spending process is getting off to a rocky start.
House Democrats accused Republicans of breaking the debt ceiling agreement by advancing a fiscal 2024 spending bill for USDA and FDA that would cut funding to near FY22 levels while also relying on funding rescissions that have little chance of being enacted.
The House Appropriations Committee today will take up a fiscal 2023 funding bill for USDA and FDA that was delayed during the negotiations over the debt ceiling.
Two tax breaks that are widely used in agriculture are at stake as Republicans and Democrats renew what is likely to be a multi-year battle over tax policy.