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Shining Light on Farm & Food Policy for 20 Years.
Thursday, December 19, 2024
The chairman of the House Ways and Means subcommittee that handles trade policy says he’s concerned about the U.S. becoming embroiled in tit-for-tat tariff escalations that could lead to ag producers facing new duties.
Republicans are seeking input from biofuel stakeholders on what future tax policy should look like now that the GOP will have control in the White House and both chambers of Congress.
Congressional Republicans are likely to move quickly to carry out President-elect Donald Trump’s top legislative priority by extending expiring tax provisions and enacting new tax cuts, and some farm bill measures could go along for the ride.
The chairman of the House Ways and Means Committee, Jason Smith, is our guest on Agri-Pulse Newsmakers this week. He talks about the tax issues facing Congress next year, and the differences between former President Donald Trump and Vice President Kamala Harris when it comes to trade as well as tax policy.
In this opinion piece, Rep. Randy Feenstra, R-Iowa, argues that the latest forecasts for farm income and agricultural trade underscore the need for a new farm bill.
In this opinion piece, Reps. Randy Feenstra, R-Iowa, and Greg Murphy, R-N.C., argue that South Africa should be held accountable to its trade obligations under the African Growth and Opportunity Act.
U.S. Trade Representative Katherine Tai on Tuesday forcefully defended President Joe Biden's cautious approach to negotiating new trade agreements, saying the administration wants to avoid deals that pit one U.S. sector against another.
The House overwhelmingly approved a bipartisan tax package Wednesday night that includes improvements to valuable expensing provisions used by farmers, as well as an expansion of the child tax credit.
The House could pass a short-term package of tax breaks as soon as this week, but the measure faces some Republican concerns that the expanded child tax credit included in the deal could help President Joe Biden’s re-election campaign or encourage working parents to quit their jobs.
.png?height=300&t=1719503640&width=400 "U.S. Reps. Randy Feenstra (R-IA) and Greg Murphy (R-NC)")
