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Shining Light on Farm & Food Policy for 20 Years.
Tuesday, December 24, 2024
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.
Vice President Kamala Harris and former President Donald Trump are offering far different tax plans that would have significantly different impacts on agriculture and on federal budget deficits, according to analysts.
Former President Donald Trump, responding to a survey by the American Farm Bureau Federation, is throwing his support behind increasing commodity price supports and other assistance for producers. But Vice President Kamala Harris notes Trump proposed budgets that would have cut some farm programs.
A handful of lawmakers who represent agricultural districts are locked in tight re-election races that determine control of the House next year. They include Iowa’s 3rd District, held by first-term GOP Rep. Zach Nunn, who’s being challenged by a former USDA appointee with the backing of Ag Secretary Tom Vilsack.
Leading advocates for former President Donald Trump and Vice President Kamala Harris clashed over trade, immigration and tax policy during an informal debate Monday.
Kamala Harris accepted the Democratic Party nomination for president of the United States Thursday, telling a raucous crowd at Chicago’s United Center that she wants to rebuild the country’s middle class by creating an “opportunity economy.”
EPA Administrator Michael Regan expects Kamala Harris to build on the Biden administration’s climate policy and environmental justice initiatives, if she's elected to the presidency.
Republicans blocked the Senate on Thursday from taking up a House-passed tax bill that includes improvements to valuable expensing provisions used by farmers, as well as an expansion of the child tax credit.
The top Republican on the Senate Finance Committee, Idaho Sen. Mike Crapo, warned leaders of the nation’s farmer cooperatives Thursday that U.S. inaction on trade agreements is benefiting China and that both former President Donald Trump and Vice President Kamala Harris pose problems for trade policy.
The Republican Party’s 2024 platform, led by former President Donald Trump’s campaign, calls for revoking China’s trade status, reiterates his proposal for across-the-board tariffs on imported products, and recommends making the 2017 tax cuts permanent.
