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Democrats tee up massive spending, tax plan with $3.5T budget resolution

08/09/21 10:40 AM By Philip Brasher
KEYWORDS agricultural research budget reconciliation budget resolution capital gains Child Nutrition Climate Change conservation programs farm bill farmworkers House Agriculture Committee immigration rural development Senate Agriculture Committee stepped-up basis tax policy transfer tax
Senate Democrats released a fiscal 2022 budget resolution that calls for $3.5 trillion in new spending, including as much as $135 billion for agriculture and child nutrition programs, funded largely by a border carbon tariff and tax increases on capital gains and high-earning individuals.
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Philip Brasher
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