House Democrats passed the Inflation Adjustment Act last week following action in the Senate. President Joe Biden is expected to sign the legislation this week. However, the partisan bill has Republicans concerned about the upcoming farm bill.
Glen GT Thompson of Pennsylvania is the ranking Republican on the House Agriculture Committee. Following passage of the Inflation Adjustment Act in the House, Thompson stated, “My Democrat colleagues are either politically deaf or blinded by ideology as they ignore 40-year high inflation, exorbitant food and fertilizer prices, severe labor shortages, and relentless overregulation from the Biden Administration.”
Thompson contends the legislation “only complicates the pathway to a Farm Bill and creates even greater uncertainty for farmers.” However, House Agriculture Committee Chair David Scott, A Georgia Democrat, says, “My colleagues may complain about the steps we had to take to ensure this additional funding,” but adds that Republicans have taken similar actions with the Farm Bill.