Exclusive: Parties "stuck" on farm bill's IRA dollars - Axios

Dec 12, 2024 · A rift over IRA climate-smart agriculture funds is jeopardizing $10 billion in economic assistance to farmers as farm bill talks reach a now-or-never point. Why it matters: …

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Exclusive: Parties "stuck" On Farm Bill's IRA Dollars - Axios

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Dec 12, 2024 · A rift over IRA climate-smart agriculture funds is jeopardizing $10 billion in economic assistance to farmers as farm bill talks reach a now-or-never point. Why it matters: …

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Farm Bill Extended In Last Minute Funding Deal: What To Know

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Dec 21, 2024 · Democrats and Republicans had hoped to roll in the additional $20 billion into farm bill baseline funding, which would have ensured the funding would be included in subsequent …

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Unintended Consequences: The Inflation Reduction Act Of 2022’s …

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Feb 17, 2023 · On August 16, 2022, President Biden signed the Inflation Reduction Act (IRA) into law. Section 22006 of the IRA provided $3.1 billion for the United States Department of …

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FAQs about Exclusive: Parties "stuck" on farm bill's IRA dollars - Axios Coupon?

Could IRA money be used for a farm bill?

Staff for Sen. Debbie Stabenow, D-Mich., the retiring chairwoman of the Senate Agriculture Committee, found a way to move the conservation dollars from the Inflation Reduction Act (IRA) into the baseline for the farm bill. It would generate a one-time savings of $10.7 billion, the Congressional Budget Office concluded. ...

Will IRA money be used in a farm bill extension?

Stabenow's plan not only protects IRA dollars for conservation, but it allows House and Senate Agriculture committees money for both aid and the next farm bill. Politico reported on Wednesday that House Speaker Mike Johnson, R-La., opposes using the IRA money in a one-year extension of the farm bill. ...

Will Republicans 'claw back' IRA money if they take over next year?

Republicans want to "claw back" as much of the IRA money as possible when they take over next year. Stabenow's plan not only protects IRA dollars for conservation, but it allows House and Senate Agriculture committees money for both aid and the next farm bill. ...

Why did the House pass the farm bill extension?

The House passed the funding deal — and the farm bill extension — after a raucous week of partisan infighting around outside provisions that included wage hikes for congressional members. President Joe Biden signed the legislation shortly after the Senate approved the deal Friday evening. ...

What if there is no new farm bill?

In the absence of a new farm bill, agricultural producers demanded that an extension include economic relief in the face of lower commodity prices, reduced government funding and other hurdles. ...

How much money will Texas farmers get from the farm bill?

"This is all paid for and it puts $20 billion into the permanent baseline for the future farm bill," she said. Combined, the overall plan pitched by Democrats would provide $8.84 billion in direct payments to farmers nationally. Farmers in Texas would receive a combined $1 billion, according to details provided to DTN by a congressional staffer. ...