Farm Workforce Modernization Act to Lower Food Inflation
Washington,
October 25, 2022
Farm Workforce Modernization Act to Lower Food Inflation Washington, D.C. – Idaho Congressman Mike Simpson today offered a statement on The Cato Institute’s finding that the Farm Workforce Modernization Act would reduce food inflation by “increasing the number of legal foreign workers available to farms, increasing food production, and lowering prices for all consumers.” “This is one concrete step Congress can take to combat the rampant inflation sparked by the Biden Administration’s disastrous economic policies,” said Congressman Simpson. “This bill will help farmers get the workforce they need to bring supply up and prices down. As inflation continues to burden Americans, I am confident this bill will provide stability and fairness to our nation’s food industry and American consumers alike. I look forward to seeing the Senate pass this bill and getting it signed into law.” The report notes that food prices have increased 11.4 percent over the last year—the fastest rate in over four decades; agricultural unemployment reached 3.1 percent this summer; and that the Farm Workforce Modernization Act would reduce labor costs for H‑2A farms by about $1 billion in the first year and $1.8 billion in the second, which would result in many more workers being hired, more productivity, and lower prices for consumers. The Farm Workforce Modernization Act, coauthored and sponsored by Congressman Simpson, has passed the House of Representatives in 2019 and 2021, and now awaits further action by the U.S. Senate. The bill makes meaningful reforms to the H-2A agricultural guestworker program and creates a first-of-its-kind, merit-based visa program specifically designed for the nation’s agricultural sector. The bill will:
For more information, read a summary of H.R. 1603 here or Cato’s full article here. ### |