Obama signs Farm Bill, launches new initiative
President Obama signed the 2014 Farm Bill into law during a Feb. 7 ceremony at Michigan State University. During his speech, Obama also announced the launch the new Made in Rural America export and investment initiative.
“Despite its name, the Farm Bill is not just about helping farmers,” Obama said during his speech at MSU. “Secretary Vilsack calls it a jobs bill; an innovation bill; an infrastructure bill; a research bill; a conservation bill—it’s like a Swiss army knife,” he continued, noting the legislation helps create jobs and provides an economic lift for rural communities.
The Made in Rural America initiative is expected to further benefit the U.S. agriculture community and related businesses. The program is charged with bringing together federal resources to help rural businesses and leaders take advantage of new investment opportunities and access new customers and markets abroad.