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Shining Light on Farm & Food Policy for 20 Years.
Friday, January 10, 2025
The search continues for a bipartisan deal to lift the debt ceiling. House Speaker Kevin McCarthy was upbeat after meeting with President Biden for about an hour and a half Monday evening.
California, Arizona and Nevada have reached a consensus on how to conserve at least 3 million acre-feet of water until 2026, but the plan still needs to be approved by the Upper Basin states and the Bureau of Reclamation.
President Joe Biden is due to meet again today with House Speaker Kevin McCarthy, R-Calif., as they struggle to reach an agreement to increase the debt ceiling.
The Agriculture Department will be distributing $500 million this fiscal year through the Regional Conservation Partnership Program, which allows the agency to share costs for regional conservation projects with private entities and state governments.
Congressional leaders are sounding some notes of optimism after a second meeting with President Biden over the debt ceiling. House Speaker Kevin McCarthy welcomed Biden’s decision to appoint administration officials to lead the negotiations from his side. “I think we set the stage to carry on further conversations,” McCarthy said.
A bipartisan Senate bill would accelerate a shift in the Conservation Reserve Program toward grasslands and smaller, environmentally sensitive parcels away from the larger tracts that have been traditionally enrolled through the general signup process.
The chief economist for Senate Ag Committee’s Republican staff says the Congressional Budget Office’s new farm program forecast does nothing to help lower the cost of making improvements in commodity programs that ag groups are seeking.
