Feelings on the CCC spending depends on who is in office

Earlier this year, the Government Accountability Office ruled Ag Secretary Tom Vilsack could use the Commodity Credit Corporation to fund climate programs, but some lawmakers wanted to limit his authority on using it.

The 2024 Ag Spending Bill held a provision to roll back Secretary Vilsack’s CCC spending authority. That move failed on the House floor, and the Senate bill did not even include it. However, Senator John Hoeven with the Senate Ag Appropriations Subcommittee says feelings around CCC spending largely depend on who is in office.

Spending restrictions were put in place after the 2010 Congressional campaign, but were lifted in 2018 to compensate farmers for the trade war with China and the pandemic.

Related Stories
A tax preparer can help identify penalty and interest charges and determine whether Form 843 should be filed.
Kentucky Farm Bureau President Eddie Melton joins us to discuss fertilizer affordability concerns, Senate Agriculture Committee testimony, and spring planting conditions in Kentucky.
Mike Steenhoek with the Soy Transportation Coalition joins us to discuss the proposed federal gas tax suspension, fuel cost pressures, and what the policy could mean for agriculture and transportation.
Agri Stats would no longer be allowed to show participant lists, rankings, or “flags,” and it could only report individual company data in narrow situations.
NCGA President Jed Bower joins us to discuss the House passage of year-round E15 legislation, potential opposition in the Senate, China trade talks, and spring planting progress.
For dairy producers, that could help support fluid milk use in cafeterias, breakfast programs, and other child nutrition settings.

LATEST STORIES BY THIS AUTHOR:

Current estimates are already hovering around 80 weeks.
Cattle markets continue supporting rural land values, but lenders say repayment rates and carryover debt are becoming a larger focus.
Analysts say drought, tight cattle supplies and summer grilling demand continue shaping the protein market outlook.
New data from ag-tech company Bushel suggests younger producers are beginning to play a larger role in farm decision-making across the country.
CECU President and CEO Jason Altmire discusses rural workforce shortages, technical skills, and why hands-on labor remains critical despite AI growth.