Continuing Resolution Includes FSA Loan Funding

DanIndustry News Release

A continuing resolution budget bill to keep the U.S. government funded through April includes language to provide the Department of Agriculture money for farm loans and summer feeding programs. The Further Continuing and Security Assistance Appropriations Act, which covers 11 of the 12 annual appropriations bills, will maintain government operations at a rate of $1.07 trillion through April 28th, 2017. The House of Representatives is expected to vote on the bill Thursday with the Senate following suit on Friday, according to the Hagstrom Report. The farm loan language for the Agricultural Credit Insurance Fund Program by the Farm Service Agency followed a request for the funding by farm groups. A coalition of farm groups sent a letter to appropriators that it was “absolutely critical” the Farm Service Agency has the resources needed to meet rising demand for farm loans. The bill also includes agriculture emergency watershed and conservation funding.

From the National Association of Farm Broadcasting news service.