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riversedge

(78,281 posts)
Thu Mar 11, 2021, 08:09 PM Mar 2021

Biden is signing the American Rescue Act let's talk about what's in the bill outside of the 1400 ck [View all]




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Since Joe Biden is signing the American Rescue Act let’s talk about what’s in the bill outside of the 1400 dollar checks.



$3.6 billion for the secretary of agriculture to purchase commodities to be disbursed to people in need and facilitate grants and loans to small and midsize food processors and distributors, as well as grants and loans to bolster supply chains.

Provides a payment to each “socially disadvantaged farmer or rancher” with an outstanding USDA farm loan, in an amount up to 120% of his or her outstanding indebtedness. CBO scores this at a cost of $4 billion.

Appropriates an additional $1 billion in further support for socially disadvantaged farmers and ranchers.
$1 billion for nutrition grants to Puerto Rico, American Samoa, and the Northern Mariana Islands, and $1.2 billion for administration of the SNAP program by states.


LOT MORE***..........
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