USDA Allocating More Money to Strengthen Supply Chains
USDA is adding more money as incentives to start up or expand entities in the food supply chain, in an attempt to expand meat and poultry processing capacity.
USDA is adding more money as incentives to start up or expand entities in the food supply chain, in an attempt to expand meat and poultry processing capacity.
In a White House Press briefing on Wednesday, Brian Deese, Director of the National Economic Council told reporters that the Biden Administration was ready to address both supply-chain issues and a lack of competition in the meat-processing arena.
The Senate will consider two major pieces of legislation this week, and both will add trillions of dollars of new spending in the name of infrastructure.
An ongoing debate on both Capitol Hill and at 1600 Pennsylvania is pitting President Biden against Senate Republicans in a battle to define what infrastructure is and what investment needs to be made.
Bankers and lending groups are calling on USDA to exercise caution when implementing Section 1005 of the American Rescue Plan.
The infrastructure package as detailed by the White House would have far-reaching impacts on rural industries.
After passing closely on a partisan basis in both chambers of Congress, the $1.9 trillion American Rescue Plan Act of 2021 is set to be signed into law by President Joe Biden.