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Balanced Reporting. Trusted Insights.
Friday, June 24, 2022
For the second straight year, Democrats threatened but ultimately backed down from blocking Agriculture Secretary Sonny Perdue from getting a fresh pot of money to make payments to farmers.
Democrats reached a deal with the White House and congressional Republicans to replenish the Agriculture Department’s Commodity Credit Corp. account in exchange for banning CCC payments to oil companies and extending some pandemic-related nutrition assistance.
A House stopgap spending bill aimed at avoiding an Oct. 1 government shutdown would ensure that trade assistance to farmers continues and also would bolster specialty crop research and fund USDA’s coming hemp program.