"Congress Poised For Another Farm Bill Punt After Senate Nonstarter"

"House Republicans rejected a farm bill proposal by Senate Agriculture Committee Chair Debbie Stabenow (D-Mich.) this week, increasing the likelihood that lawmakers will pass another one-year extension of the massive legislation by the end of the year rather than a new, longer-term measure.

A source in Speaker Mike Johnson’s (R-La.) office confirmed this week that the GOP-controlled House plans to seek an extension of the 2018 farm bill, the last major version of the legislation signed into law, rather than pursuing a new bill after months of gridlock. The legislation, which has long underpinned the country’s agriculture sector and food aid programs, is typically passed in five-year increments, but lawmakers similarly punted on passing a new bill at the end of last year.

Major bones of contention in interparty talks surrounding the legislation include reference pricing, the subsidies paid to farmers when the prices of commodities fall below a certain threshold."

Zack Budryk reports for The Hill November 22, 2024.

Source: The Hill, 11/25/2024