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	<title>Farm CPA Today! &#187; Farm CPA Today!</title>
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		<title>Stimulus Package May Benefit the Ag Industry</title>
		<link>http://www.farmcpatoday.com/2009/02/06/stimulus-package-may-benefit-the-ag-industry/</link>
		<comments>http://www.farmcpatoday.com/2009/02/06/stimulus-package-may-benefit-the-ag-industry/#comments</comments>
		<pubDate>Fri, 06 Feb 2009 13:13:11 +0000</pubDate>
		<dc:creator>Paul Neiffer</dc:creator>
				<category><![CDATA[Ag Policy]]></category>
		<category><![CDATA[farm act]]></category>
		<category><![CDATA[natural resources conservation service]]></category>
		<category><![CDATA[renewable energy research]]></category>
		<category><![CDATA[rural communities]]></category>

		<guid isPermaLink="false">http://www.farmcpatoday.com/?p=49</guid>
		<description><![CDATA[House Democrats proposed last week an $825 billion stimulus measure including $275 billion in tax breaks and $550 billion in spending that touches almost every area of the economy including agriculture. The bill included $245 million for the Farm Credit Service Agency to purchase a computer system to considered necessary to implement the 2008 Farm [...]]]></description>
			<content:encoded><![CDATA[<p><img class="alignright size-full wp-image-99" title="apples-on-trees-real-red" src="http://www.farmcpatoday.com/wp-content/uploads/2009/02/apples-on-trees-real-red.jpg" alt="apples-on-trees-real-red" width="170" height="113" />House Democrats proposed last week an $825 billion stimulus measure including $275 billion in tax breaks and $550 billion in spending that touches almost every area of the economy including agriculture.</p>
<ul>
<li>The bill included $245 million for the Farm Credit Service Agency to purchase a computer system to considered necessary to implement the 2008 Farm Act.</li>
<li>$100 million to guarantee $2 billion in loans for farming, ethanol production and other rural business activities. This equates to an estimated 5% write off of these loans.</li>
<li>$8 billion to guarantee up to $80 billion in loans for proven renewable and transmission technologies. This equates to an estimated 10% write off of these types of loans.</li>
<li>$2 billion for energy efficiency and renewable energy research, development and deployment.</li>
<li>$1.5 billion to support $3.8 billion in grants and loans to help rural communities fund drinking water and wastewater treatment systems.</li>
<li>$400 million for Natural Resources Conservation Service watershed improvement programs.</li>
<li>$2.825 billion for rural broadband infrastructure.</li>
<li>$20 billion for food stamps.</li>
<li>$30 billion in highway infrastructure.</li>
</ul>
<p>This is a lot money and I hope Congress and the government does a better job of investing it than they have in the past.</p>
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