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House panel OKs farm bill upending climate-smart funding

May 24, 2024
Illustration of a hand emerging from the capitol dome giving a thumbs up hand sign.

Illustration: Aïda Amer/Axios

The House Agriculture Committee reported its version of the farm bill, which would upend the IRA's climate-smart ag funding.

Why it matters: Potentially at least $14 billion in Inflation Reduction Act funds is in the GOP's crosshairs.

  • It's the first time the law has been meaningfully targeted since the debt limit fight.

Driving the news: The bill advanced 33-21 in a marathon session that lasted into early Friday morning.

  • Four Democrats joined 29 Republicans to back the bill.
  • It would take the IRA money and put it instead within the broader conservation baseline, without requirements that it be spent on climate-related activities.
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