USDA Looks To Forgive Rural Loans

The American Rescue Plan, according to USDA Head Tom Vilsack, has a variety of programs and plans to help rural America. Once of those plans includes loan forgiveness in rural areas. “Two types of loans we’re dealing with: direct loans and guaranteed loans,” Vilsack noted. “Let me deal with the direct loans first. To the […]

Vilsack: American Rescue Plan Can Help Minority Farmers In Multiple Ways

When asked recently how USDA can rectify and correct discrimination toward Black farmers, Ag Secretary Tom Vilsack, pointed to steps outlined in the American Rescue Plan. “We talked about debt relief. We’ve also talked about the billion dollars that could potentially increase outreach, land access and financial marketing. The third element is the Equity Commission, […]

AFBF Concerned How Administration Will Pay For Infrastructure Proposal

President Biden’s economic team has adjusted higher the administration’s tax and spending figures for the infrastructure plan the President is expected to unveil Wednesday. According to the Washington Post, the original plan called for $3 trillion in new spending and $1 trillion in new tax hikes. But fear such a big gap would spike interest […]

Vilsack: Rural America Will Benefit from American Rescue Plan

Last week, Congress approved the $1.9 trillion American Rescue Plan, in an effort to help the American economy move past the pandemic. Agriculture Secretary Tom Vilsack was excited when President Biden signed the Plan into law. He recently pointed out that the farming community will benefit in a variety of ways. “That plan also provides […]

Agriculture Responds to Senate Passage of $1.9T COVID-19 Package

On Saturday, the Senate passed the $1.9 trillion COVID-19 relief package. The package, known as the American Rescue Plan, will extend federal unemployment benefits, offer up to $1,400 in direct payments to individuals earning less than $80,000, and increase funding for several nutrition assistance programs. Additionally, it authorizes several provisions to bolster rural and agricultural […]

How Would Biden’s Proposal Benefit The Ag Industry?

President-elect Joe Biden rolled out a nearly $2 trillion COVID-19 relief plan last week, which he said would boost nutrition help for struggling families and aid to restaurants. The “American Rescue Plan” will be the new president’s first legislative priority after he’s sworn in on Wednesday and the first test of his ability to advance […]