S. 899 aims to amend the Consolidated Farm and Rural Development Act to increase the limits on farm ownership and operating loans from the federal government. The bill proposes raising the amount for farm ownership loans to $850,000 and for operating loans to $750,000, with...
Simple Explanation
S. 899 is a bill that wants to let farmers borrow more money from the government to help them buy and run their farms. It also wants to make it easier for them to pay back the money, but some people are worried it doesn't say who will check that the money is being used properly.