WASHINGTON, DC – National Farmers Union (NFU) President Rob Larew issued the following statement in response to the U.S. House of Representatives passing the Inflation Reduction Act of 2022:
“The passage of the Inflation Reduction Act is cause for optimism for farmers and ranchers across the country, with historic investments in voluntary, incentive-based conservation programs that are critically underfunded. NFU is proud to see investment in biofuels infrastructure that will help farmers’ bottom line and help consumers save at the pump. The inclusion of financial support for economically distressed farmers and ranchers is also a welcome addition that will help keep farmers on their land for years to come,” said NFU President Rob Larew.
“NFU thanks Senate Agriculture Committee Chair Debbie Stabenow, House Agriculture Committee Chair David Scott, and other allies for their work on this historic legislation and the inclusion of multiple NFU priorities in the final bill. We thank President Biden for his leadership in delivering this important legislative achievement for family farmers and ranchers and rural communities and look forward to him signing the bill into law and working with USDA to implement the bill,” Larew concluded.
As the Inflation Reduction Act was being considered, NFU distributed a letter of support to Congressional leadership urging for swift passage of the bill.