“Over the long term, our projections suggest that changes in fiscal policy must be made to address the rising costs of interest and mitigate other adverse consequences of high and rising debt," CBO Director Swagel said
The House will take the reins in writing farm bill 2023. House Ag Chairman Thompson says the pen is “firmly” in his hand, with few tweaks to be made from 2018. The Senate says their version is nearly complete.
A Senate Ag Committee hearing Thursday on the new farm bill raised a issue that is now evident: the Title 1 farm bill safety net can no longer deal with the current ag environment.
The 2018 farm bill was stamped with a $428 billon price tag when passed. With the bill set to expire on Sept. 30, here’s a breakdown of the topics ag groups look to push on the negotiating table.
NCBA recently approved the organization's 2023 policy priorities at the 2023 Cattle Industry Convention and NCBA Trade Show in New Orleans. Here's the details.
With Republicans now in control of the House, Rep. RandyFeenstra (R-Iowa) said he wants to introduce legislation shielding the stepped-up basis and like-kind exchanges.
“It’s a mystery as to why the USDA began to hide the names of many recipients,” said Scott Faber, senior vice president for government affairs for the Environmental Working Group.
The revamped foods program would absorb the functions of Center for Food Safety and Applied Nutrition and the Office of Food Policy and Response, as well as some of the work of the Office of Regulatory Affairs.
Vilsack said USDA believes there are more options for farmers other than “get big or get out. There’s got to be a system in which the many and most have a fair shot.”
Reps. Dusty Johnson and Jim Costa on Tuesday introduced the Safer Highways and Increased Performance for Interstate Trucking (SHIP IT) Act to expand the trucking workforce and offer flexibility in times of need.
For example, Rep. Ralph Norman in the past unsuccessfully pushed crop insurance amendments that would have cut premium incentives/subsidies by 15% for producers with specified adjusted gross incomes.
Some legislative officials have discussed the possibility that the Treasury could use an obscure law authorizing platinum coins to circumvent Congress if lawmakers don't raise the debt ceiling.
Sen. Anderson introduced a resolution last Friday aimed at phasing out electric vehicle sales in Wyoming by 2035. The resolution was referred to the state's minerals committee, who tabled it until 2024.
Farm Bureau's Duvall says the rule puts farmers and ranchers in a position where they will have to hire lawyers and consultants to establish the boundaries of farming.
Under the rule, APHIS would require tags that are both visually and electronically readable for interstate movement of cattle and bison six months after a final rule is published in the Federal Register.
Speaker McCarthy agreed that the House wouldn’t lift the debt ceiling unless Congress slashes federal spending next fiscal year. Because of this, Bank of America is telling clients to expect a debt default this fall.
If the nation’s debt hits $31.4 trillion—it’s on track to do so by this Thurs.—the Treasury will need to take “extraordinary measures” to help pay the government's operations and ward off a historic default.
Mexican President López Obrador hosted President Biden and Canadian Prime Minister Trudeau this week to discuss everything from methane reduction to the U.S./Mexico border wall.
Farm Bureau hosted Secretary Vilsack at its annual convention in San Juan, Puerto Rico, where he announced the details of ERP Phase 2 and PARP, U.S.-made fertilizer and new meat and poultry processing facility plans.
President Biden traveled on Sunday to the U.S./Mexico border amid a surge in illegal border crossings. The administration announced a new program for up to 30,000 migrants a month to enter the U.S. legally.
After four days and 15 rounds of voting, McCarthy’s wait to become Speaker of the House has ended. During his first year as Speaker, he will need to raise the debt limit and fund the government.
“For the next two years, I am intensely focused on… leading the passage of the next five-year Farm Bill, which determines our nation’s food and agriculture policies," says Sen. Stabenow.
ERP Phase Two is likely to be announced by USDA in coming weeks, according to Jim Wiesemeyer. In a farm bill year, he says there might be more opportunities to capture additional profit.
U.S. pork and beef export markets may have unique opportunties in 2023, capitalizing on the competetive opportunity for U.S. pork exports in key markets and diversifying the portfolio of U.S. beef products.
The definition maintains longstanding exemptions for farming activities but trims an exclusion for prior converted cropland that had been in the Trump administration’s Navigable Waters Protection Rule.
Export tariffs on aluminum and aluminum alloys will be raised. The current import tariff will stay on seven types of coal until March 31, with tariffs adopted for most favored nations from April 1.
The House on Friday averted a government shutdown by voting 225 to 201 in favor of the Consolidated Appropriations Act of 2023—the omnibus spending bill. Here's what's in it for ag.
Taiwan’s defense ministry said China sent 71 warplanes and seven naval vessels on “strike drills” — rehearsals for conflict — into its air-defense zones.
Minister Victor Villalobos said U.S. officials were satisfied with a proposal to delay a ban on the import of GMO corn until 2025, according to a published report.
The Senate on Wednesday confirmed Alexis Taylor for Under Secretary of Agriculture for Trade and Foreign Agricultural Affairs. According to Taylor, her priorities include addressing export markets and food insecurity.
Soybean oil, food waste and leftover feedstocks and manure will be turned into bioproducts like asphalt and plastic, thanks to a USDA program aimed at increasing U.S. competition in global markets.
Text of the $1.7 trillion omnibus spending package was released early Tuesday morning. The Senate will vote first and intends to pass the measure before Thursday, leaving the House no time to demand changes.
The 2023 farm bill will have tremendous influence on your farm. It will affect what U.S. agriculture does, and how we’ll feed the world, over the next five years.
The agreement will allow lawmakers to spend the coming week hashing out specific spending levels for each federal agency as well as what legislative items they will attach to the bill, likely including ag aid.
The Family Farmer and Rancher Tax Fairness Act would remove the tax liability for distressed farmers for the assistance provided in Sections 22006 and 22007 of the Inflation Reduction Act (IRA).
“We rely on the support of farm bill funding and programs to ensure continued U.S. leadership as the provider of the best seed to the world," said Katy Rainey, Purdue associate professor, at the Senate Ag hearing.
Officials have been bracing for an influx of migrants when the authority lifts on Dec. 21. The Dept. of Homeland Security is projecting 14,000 migrants may then attempt to cross the U.S. southern border per day.
Georgia voters today will decide the final Senate contest in the country, choosing between Democratic incumbent Sen. Raphael Warnock and Republican challenger Herschel Walker.
A recent USDA trade mission to Kenya determined that ecommerce in the area, post-COVID, has huge growth potential and signs of demand for U.S. red meat products.
Europeans argue that the act is a beggar-thy-neighbor scheme designed to lure investors away from Europe, just as the region's economy teeters on the verge of recession.
Here’s three key claims and takeaways from this year’s animal rights extremist conferences and how they plan to turn consumers away from meat, poultry and dairy products.
According to Biden’s economic advisors, as many as 765,000 Americans — many union workers themselves — would have been put out of work in the first two weeks of shutdowns.