Biden Re-Directs Billions of Dollars from Farmers to Tackle Climate Change
Share
[aggregation-styles]
Politico The Trump administration used it to bail out farmers suffering from its trade wars. Now the Biden administration wants to deploy a $30 billion pot of money in the Agriculture Department to tackle climate change, support restaurants and kickstart other programs without waiting for Congress.
Politico The Trump administration used it to bail out farmers suffering from its trade wars. Now the Biden administration wants to deploy a $30 billion pot of money in the Agriculture Department to tackle climate change, support restaurants and kickstart other programs without waiting for Congress.
Long hidden in obscurity as a Depression-era financial institution, the Commodity Credit Corp. is shaping up as one of the first focal points for how the Biden administration is quickly revamping flexible programs left behind by former President Donald Trump.
Before the Trump era, the CCC was used in narrow ways to support farm income and prices, like helping cotton growers with ginning costs and purchasing cheese to boost dairy farmers. It’s also used to fund certain conservation programs, foreign market development, export credit and commodity purchases.
By Liz Crampton | 31 Jan 2021
RELATED TOPICS:
Sanger Police Seek Public’s Help in Locating Missing At-Risk Teen
Local /
12 hours ago
Fresno Police Shoot Suspect in Head After Hostage Situation Near Manchester Center
Crime /
12 hours ago
Valley Crime Stoppers Offers $25,000 Reward to Find Escaped Murderer
Local /
13 hours ago
Other States Do Housing Better Than California; a New Study Shows How They Do It
Opinion /
14 hours ago
Trump Administration Task Force to Consider Declassifying COVID-19 Origins Materials
Politics /
15 hours ago
At the Supreme Court, the Trump Agenda Is Always an ‘Emergency’
Courts /
15 hours ago
Wing of Plane Carrying 6 Members of Congress Is Clipped at Reagan Airport
News /
15 hours ago
Trump Repeals Biden-Era Limit on Water Flow in Shower Heads
Politics /
15 hours ago
Latest
Videos

Local /
12 hours ago
Sanger Police Seek Public’s Help in Locating Missing At-Risk Teen

Crime /
12 hours ago
Fresno Police Shoot Suspect in Head After Hostage Situation Near Manchester Center

Local /
13 hours ago
Valley Crime Stoppers Offers $25,000 Reward to Find Escaped Murderer

Video /
2 days ago