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Shining Light on Farm & Food Policy for 20 Years.
Sunday, August 18, 2024
House Democrats pushed through a $3.5 trillion budget resolution after moderates reached a deal promising them a vote by Sept. 27 on the Senate’s bipartisan infrastructure bill.
After weeks of negotiations, the Senate moved quickly this week to pass a bipartisan infrastructure package Tuesday that was quickly followed by a party line vote early Wednesday morning to advance a $3.5 trillion budget framework.
Democrats on the Senate Agriculture Committee have started meeting privately to start dividing up $135 billion in new spending that would be authorized by the partisan, fiscal 2022 budget resolution the Senate is considering.
Senate Democrats released a fiscal 2022 budget resolution that calls for $3.5 trillion in new spending, including as much as $135 billion for agriculture and child nutrition programs, funded largely by a border carbon tariff and tax increases on capital gains and high-earning individuals.
The Senate on Friday approved a budget resolution that provides a path for President Joe Biden’s $1.9 trillion stimulus package, but Republicans first used a series of amendments to force Democrats to take stands on numerous issues, including the reach of federal water regulations.