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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

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.

Taxes could complicate Biden infrastructure push

03/31/21 6:06 AM By Philip Brasher

President Joe Biden and congressional Democrats are readying their next big legislative push for a $2 trillion infrastructure package that he wants to pay for with corporate tax increases, which likely will make the measure a non-starter for Republican lawmakers and many farm groups.

New tax breaks target $6 trillion for low-income communities

03/28/18 6:18 AM By Jonathan H. Harsch

Capital gains tax breaks could inject trillions into the nation’s struggling low-income rural and urban communities, thanks to new “Opportunity Zones” tax provisions.

Republicans wrestle with estate tax repeal

10/25/17 7:01 AM By Philip Brasher

WASHINGTON, Oct. 25, 2017 - Congressional Republicans are preparing to roll out a package of tax cuts with hopes of pushing the bill through at least the House by Thanksgiving. There is no higher priority this Congress for the GOP. Republicans see passing tax cuts as vital to their chances of maintaining control of Congress in 2018.

Trump outlines tax plan; Dems see giveaway to wealthy

04/26/17 4:00 PM By Philip Brasher

WASHINGTON, April 26, 2017 - President Trump is proposing to slash the tax rate for owner-operated businesses and corporations to 15 percent, a rate cut that could potentially benefit farms.

Newsmakers

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Agri-Pulse Newsmakers

07.19.2024

Agri-Pulse Newsmakers: July 19, 2024: Republican National Convention with Kellyanne Conway, Rep. “GT” Thompson, Sen. John Boozman

Delegates, elected officials, farmers, and industry representatives gathered in Milwaukee for the Republican National Convention this week. We dove into discussions about trade, immigration, and energy proposed in the GOP platform that could change the policy landscape after the November election.

Kellyanne Conway, Donald Trump’s 2016 campaign manager and also his former counselor, joined the show to discuss the role rural voters could play in the 2024 election. She also shared her perspective on action Trump could take as president to balance trade, including potentially providing a bailout for farmers similar to his last presidency if retaliatory tariffs impact ag markets.

Then, House Ag Committee Chair Rep. Glenn “GT” Thompson and Senate Ag Committee Ranking Member John Boozman join the show together to discuss their outlook on what a Trump-Vance administration could mean for agriculture. They look forward to the opportunity for a changing regulatory environment for agriculture and immigration reform.

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