FarmPolicy

May 24, 2019

FarmPolicy.com Free Daily Publication Will Continue With New Funding

Categories: Miscellaneous

McLeod, Watkinson & Miller Statement of Support for FarmPolicy.com

We have come to rely on the daily email reports of FarmPolicy.com as the best way to keep up with the many developments in American and global agriculture. There is no other report, either paid or free, that does as good a job as Keith Good does in FarmPolicy.com. Therefore, we were alarmed by the announcement that the reports would end on February 17th. We immediately called Mr. Good and worked out an arrangement for McLeod, Watkinson & Miller to fund the continuation of FarmPolicy.com after his arrangement with the German Marshall Fund ceases. Additionally, the daily emails of FarmPolicy.com will be posted on www.Agriculturelaw.com.

-Mike McLeod and Wayne Watkinson

Economic Stimulus Issues; Trade Developments; Global Ag Issues; ACRE; and Food Safety

Economic Stimulus Issues

Earlier this week, the Congressional Research Service (CRS) issued a report entitled, β€œAgriculture, Nutrition, and Rural Provisions in the American Recovery and Reinvestment Act (ARRA) of 2009.”

The CRS report indicated that, β€œThe Obama Administration and many Members of Congress are calling for a new economic stimulus package to follow the Troubled Asset Relief Program (TARP) that was enacted in October 2008. The new package would boost government spending on various infrastructure programs and for certain government benefits programs. It also offers tax incentives and benefits for individuals and businesses. The House-passed bill, H.R. 1, is estimated to cost $820 billion and includes $637 billion in spending and $182 billion in tax reductions, based on Congressional Budget Office (CBO) estimates. The Senate version, S.Amdt. 98 to H.R. 1, as introduced, is an $885 billion package that includes $632 billion in spending and $253 billion in tax reductions.”

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