The recently enacted climate law could provide $745 billion to $1.9 trillion in benefits to the nation through 2050 from the reduced impacts of climate change, according to an analysis by the White House Office of Management and Budget.
House Speaker Nancy Pelosi, D-Calif., insists that Democratic leaders are on track to pass a bipartisan infrastructure bill this week while also reaching agreement on President Biden’s Build Back Better bill.
Higher prices for meat and other foods are helping fuel the inflation that is pinching consumers. Supermarket prices rose 0.8% in June, driven by a 2.5% increase for meat, poultry, fish, and eggs. Beef prices rose 4.5% last month.
President Joe Biden released a fiscal 2022 budget outline Friday that includes a $3.8 billion increase for the Agriculture Department that is heavily directed toward reducing greenhouse gas emissions and making farms and forests more resilient to climate change.
The White House Office of Management and Budget is catching heat for a proposal to change how it defines "metropolitan" areas in a way that could leave sparsely populated counties competing with much larger ones for federal dollars.
New faces will head key departments as the Biden administration takes office Jan. 20, and their actions on regulations affecting agriculture and rural America may differ sharply from the last four years.