Items Tagged with 'budget'

Senate Finance Republicans are weighing the creation of a rural hospital fund to offset some of the concerns within the party about how the Medicaid changes would impact those communities. However, as of Tuesday afternoon, those details remained unclear. 

The Senate Finance treatment of Sustainable Aviation Fuel under the 45Z tax credit for clean fuel producers could be detrimental for the domestic market, industry sources say. 

House appropriators are set to start moving their fiscal 2026 spending bills this week, just days after the White House finally released details of its budget requests. 

Democrats on the House Agriculture Committee repeatedly criticized a Republican proposal to make states pay for the Supplemental Nutrition Assistance Program benefits for the first time in the program’s history.

House Republican budget reconciliation proposals include historic cuts to the Supplemental Nutrition Assistance Program and Medicaid that could have a substantial impact on rural communities and economies, advocates warn. 

The Clean Fuel Production Credit was one of the few Inflation Reduction Act incentives spared in the House Ways and Means Committee reconciliation bill. Changes included in the expansion could benefit industries like American biogas. 

A key tax deduction used by farmers and small businesses would be expanded under sweeping tax legislation unveiled by House Republicans Monday, while the 45Z tax credit for biofuels would be extended to 2031 and eased in ways that would benefit domestic ag feedstocks.

The top Republican on the House Agriculture Appropriations Subcommittee, Rep. Andy Harris, has long championed state pilots to restrict sweetened beverage purchases in the Supplemental Nutrition Assistance Program. Now that states are filing waivers for these pilots, and the federal government appears open to granting them, Harris has set his sights on what he calls a “bigger and better” idea: Restricting SNAP benefits to U.S.-grown foods.

Republicans on the House Agriculture Committee appear confident they can hold a markup early next week on their portion of the budget reconciliation bill, despite remaining policy decisions.