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According to fresh projections from the U.S. Department of Agriculture this month, net farm income is expected to decline 4.1% for 2024 after falling 19.4% in 2023 from the record highs reached in ...
The 2018 Farm Bill was not extended after Sept. 30, 2024, potentially affecting programs such as nutrition and conservation, among other agricultural programs due to the end of the fiscal year.
The GOP bill — the Farm, Food and National Security Act of 2024 — passed the Agriculture Committee 33-21 in May, with the support of Democratic Reps. Yadira Caraveo (Colo.), Don Davis (N.C ...
The 1981 farm bill involved only small changes and continued the policy of restricting supply rather than increasing demand. The 1984 budget proposal was designed to cut subsidies rather than reform the system, but Congress rejected it. Instead, Congress continued the same policies in the 1985 farm bill, which Reagan reluctantly signed.
The Farm Bill was last authorized in 2018, and after failing to reauthorize it on the typical five-year schedule in 2023, Congress extended the 2018 bill through the 2024 fiscal and crop year.
The slowest dance on Capitol Hill, the writing of a new Farm Bill, gained tempo May 1 when both the House and Senate Ag committees released versions of their bills.. The House bill was a broadly ...
Long title: An Act to improve and protect farm prices and farm income, to increase farmer participation in the development of farm programs, to adjust supplies of agricultural commodities in line with the requirements therefore, to improve distribution and expand exports of agricultural commodities, to liberalize and extend farm credit services, to protect the interest of consumers, and for ...
Attached as Title III to the Act, the Thomas Amendment became the 'third horse' in the New Deal's farm relief bill. Drafted by Senator Elmer Thomas of Oklahoma, the amendment blended populist easy-money views with the theories of the New Economics. Thomas wanted a stabilized "honest dollar," one that would be fair to debtor and creditor alike.