Newhouse Applauds Senate Bill Introduction to Promote American Ag Exports
WASHINGTON D.C. – Today Rep. Dan Newhouse (R-WA) applauded the introduction of bipartisan legislation in the U.S. Senate by Sens. Joni Ernst (R-Iowa), Angus King (I-Maine), Joe Donnelly (D-Ind.) and Susan Collins (R-ME) that would increase funding for the Market Access Program and the Foreign Market Development program by 2023. The bill, the Cultivating Revitalization by Expanding American Agricultural Trade and Exports (CREAATE) Act, aims to revitalize the USDA’s export promotion programs, which generated a net return of $28.30 for every dollar invested between 1977 and 2014.
“Agriculture market development programs are important tools to boost American agriculture exports and assist farmers to compete in the global market and reach more customers overseas,” said Rep. Newhouse. “I applaud the introduction of companion Senate legislation to strengthen the Market Access Program and the Foreign Market Development program, and I look forward to working with my colleagues in the Senate on behalf of American farmers and agriculture.”
Rep. Newhouse and Rep. Chellie Pingree (D-ME) introduced the House companion bill, H.R. 2321, Cultivating Revitalization by Expanding American Agricultural Trade and Exports (CREAATE) Act in May. The CREAATE Act amends the Agricultural Trade Act of 1978 to extend through FY2023 the Market Access Program and the Foreign Market Development Program, which are programs administered by the Department of Agriculture to promote exports of U.S. agricultural products. The CREAATE Act would double funding for MAP and FMDP, incrementally phasing in increases over five years. This increase, while a fractional portion of the USADA and the federal budget, will provide an enormous return on investment for America’s agricultural community and the U.S. economy as a whole.