Sen. Klobuchar on Inflation Reduction Act

WASHINGTON, D.C.—With Congress passing the Inflation Reduction Act last week, people involved in agriculture are wondering how the bill will affect them.  Minnesota US Senator Amy Klobuchar was asked if money from this legislation will go into the next farm bill.

Klobuchar says a  big part of the Inflation Reduction Act is $500 million for biofuels.

Klobuchar is quick to point out that the new spending in the Inflation Reduction Act won’t be coming out of taxpayers’ pockets.

Klobuchar says the Inflation Reduction Act will have a significant effect on the biofuels industry and provide incentives for conservation practices.