New legislation from a bipartisan contingent of House members would create a contract library in the beef industry, something the sector has called for amidst a push to add transparency into opaque transactions.
Congress has averted a government shutdown today while providing $10 billion in assistance for ag disasters that have occurred over last year and this year. The aid was included in the stopgap funding bill that President Biden signed into law Thursday night.
The House and Senate Agriculture committees have long been known as some of the most bipartisan panels in Congress. But when one party or the other insists on pushing through a partisan policy priority, the result can be the kind of rancor that marked a House Ag Committee on Tuesday.
Congress should be careful to avoid overbuilding processing capacity and instituting prescriptive marketing requirements as it studies its response to a pair of turbulent years in the beef industry, witnesses told a House Agriculture subcommittee Wednesday morning.
President Joe Biden is set to announce his infrastructure plan on Wednesday, and it looks like he will also propose the tax increases he wants to use to pay for it. White House Press Secretary Jen Psaki confirmed on Monday that the cost of the infrastructure package would be offset dollar for dollar.