House Democrats look to finish pulling together their $3.5 trillion tax and spending package this week, despite a fierce internal struggle over the taxes they need to pay for it and delays in finalizing $94 billion in agriculture provisions.
As promised, Senate Democrats are going to kick off work on their massive $3.5 trillion spending and tax plan before senators leave for their August recess. On Monday Democrats released a fiscal 2022 budget resolution that is the first step in the budget reconciliation process that will be needed to enact their proposals into law.
A dozen major farm groups have jumped into the fray over conservation funding in the estimated $3.5 trillion reconciliation package Democrats plan to introduce in the Senate, calling for “increased investment in climate-smart agricultural practices that sequester carbon or reduce greenhouse gas emissions.”
The Supreme Court has ruled in favor of small refineries seeking relief from the Renewable Fuel Standard, delivering a major blow to biofuel groups in a long-running legal battle over the governance of the nation’s ethanol and biodiesel policy.
Farm groups are worried a UN initiative to reshape food production could result in recommendations that harm U.S. trade and deter the use of technology globally. But USDA tells Agri-Pulse the Biden administration will be emphasizing technology and research in its contributions to the UN Food System Summit.
The Department of Agriculture will propose three new rules to strengthen enforcement of the Packers and Stockyards Act, potentially restarting another contentious debate about the government’s role in the relationship between processors and producers.