Sec. Vilsack: Use CCC to help fund the Farm Bill
While Congress was able to buy more time to complete the Farm Bill, that still does not change the price tag on the most expensive one to date.
Ag Secretary Tom Vilsack is warning lawmakers need to get to work finding the money to fund it.
The new Farm Bill will top a trillion dollars when it is all said and done. Secretary Vilsack has suggested using some of the Commodity Credit Corporation’s $30 billion line of credit to help fund it. He has not said how it could be used but says it is an available asset that should be considered.
The Department recently used the CCC to pay for $1.3 billion trade program.