The equities markets are closely watching debt ceiling discussions. The President hosted Congressional leaders late yesterday, calling it a “good and productive meeting.”
House Speaker Kevin McCarthy is holding farm, saying there needs to be tougher work requirements for SNAP recipients.
Representative David Scott of the House Ag Committee is pushing back saying the Speaker’s plan has no heart and is using hungry Americans as a bargaining chip.
Representative Dusty Johnson of South Dakota says if work requirements are handled as part of the debt ceiling, it would be excellent news for the Farm Bill, which is due in roughly two months.
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