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Raising Borrowing Limit for Commodity Credit Corporation

This bill increases the borrowing limit for the Commodity Credit Corporation from $30 billion to $68 billion. This means the government will have more funds to support farmers and stabilize agricultural commodity prices, potentially affecting food availability and prices in stores.
Key points
Increased funds available for agricultural support programs.
Potential impact on food price stability and support for agricultural producers.
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Additional Information
To amend the Commodity Credit Corporation Charter Act to raise the borrowing limit of the Commodity Credit Corporation.
Print number: HR 843
Sponsor: Rep. Scott, Austin [R-GA-8]
Process start date: 2021-02-04