CCA is also working with NCBA and our allies in the nation’s capital to ensure that all producer losses directly associated with COVID-19 are addressed by Congress. The Senate is currently negotiating and drafting a nearly-$2 trillion “Phase III” stimulus bill in response to the COVID-19 crisis, and Thursday NCBA sent a letter to Congressional leadership asking that Congress “provide for an increase in the U.S. Department of Agriculture Commodity Credit Corporation’s (USDA – CCC) borrowing authority from $30 to $50 billion, fully fund the replenishment of CCC, and ensure that livestock producers will be eligible for assistance in this time of need.”
CCA has been in contact with the offices of Senators Dianne Feinstein and Kamala Harris asking them to support the Phase III bill, particularly the extended borrowing authority for the CCC. Additionally, CCA today sent a letter to California’s Congressional Delegation outlining CCA’s priorities for legislative relief from COVID-19.
While the Phase III stimulus bill failed procedural votes yesterday and today in the Senate, Senators and the Administration will continue to negotiate. The provisions of the bill relating to the CCC are not among the controversial provisions of the bill which have delayed its passage by the Senate.