@Morning_Ag
Hill leaders have tentatively secured a deal on one of the major government funding hangups — key pieces of a one-year farm bill extension, per 3 peopleView quoted post on X
Last-minute jockeying continued Monday night. But plans so far include an additional $10 billion in economic aid for farmers, among other items
Disaster aid $ for farmers is also in the CR
More w/ @ktullymcmanus @JAscholtes
politico.com/news/2024/12/1…
News from @meredithllee: Congressional leaders failed to reach an agreement overnight around economic aid for farmers and climate funding for farm conservation programs, leaving out both from the year-end funding package. subscriber.politicopro.com/article/2024/1…View quoted post on X
Speaker Johnson will now need even more Dem votes to fund the government before next Friday’s deadlineView quoted post on X
Influential ag lobby @FarmBureau is now calling on lawmakers to oppose the pkg - if it doesn’t include the extra farm aid Congressional leaders are poised to leave out. Will make any suspension route tougher in House too. Leaders say they don’t have time to separate the supplemental/disaster pkg from the spending stopgap.
House Ag Chair GT Thompson (R-Pa) and Sen John Boozman (R-Ark), a senior appropriator, have already said they’ll vote against the CR if farm aid is left out.
News - The farm and IRA conservation piece of the funding talks officially imploded overnightView quoted post on X
It was one of the last things leaders discussed
Results in neither side getting what they wanted - CR will only have a clean 1-year farm bill extension, nothing more
Schumer assumed GOP wanted extra economic aid for hurting farmers so much that they would cave on reinvesting IRA conservation $
McConnell + Johnson assumed the reverse. Neither ended up blinking and it all fell apart
Lots of farmers will now be denied loans and $14 billion in IRA conservation funding will run out and likely never be reinvested in the farm bill for years to come
A major hangup in the funding talks - Dem and GOP leaders are locked in a deepening battle over farm aid + IRA conservation $, per sourcesView quoted post on X
spiraling fight is around a 1-yr farm bill extension
"It's a big f—g mess," said one Hill aide
w/ @JAscholtes
politi.co/4izZGEE
