The conservative Heritage Foundation think tank is urging lawmakers to oppose a proposal to raise the spending limit for the Commodity Credit Corporation (CCC) to $68 billion, from the current $30 billion cap.
The group is also taking aim at other provisions in a House-passed relief bill that allow payments from CCC to be used for additional payments, including to “aid agricultural processing plants to ensure supply chain continuity during an emergency period.”
The CCC borrowing increase is not included in the pending House-passed COVID-19 relief package, which would only replenish CCC's borrowing authority to the $30 billion cap.
Expanding CCC's spending authority, "would allow Congress to avoid making important choices, such as which agricultural commodities would be eligible for payments, which geographic regions would be covered, whether there should be payment limits, and about almost every detail of any future handout program, Heritage argued.
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