An Arizona lawmaker has a strong warning about our nation’s debt and the ability to pay.
Representative David Schweikert says things are escalating and he warns it is getting serious.
“How does this committee produce policy that says we’re not going to raise taxes on working people? We need our small businesses to be hitting a new productivity curve because that’s how we survive. But at the same time, how do we thread the needle and communicate to the world debt markets that we’re serious? Please don’t keep raising our interest rates because at this moment, if where the interest rates are going, just that increase of going to a five handle is double the cost of extending all these tax provisions. Understand if we don’t get this right, the debt and bond markets are going to run this country not us.”
Schweikert says the nation’s debt is up almost a full point since December. Farm CPA’s also spoke this week before the powerful House Ways and Means Committee. They have urged lawmakers to not let the Trump tax cuts expire. House Speaker Mike Johnson also said recently that they are a top priority for his office.
The farm bill is still moving, but the toughest amendment fights were pushed into today’s session. ASA President Scott Metzger joins us to discuss the risks of tariff actions on soybean exports, concerns over trade policy and production costs, and the importance of Farm Bill updates.
April 30, 2026 10:22 AM
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Higher biofuel mandates boost long-term crop demand, but a tighter D4 market may pressure biofuel feedstocks and pose new soybean oil demand risks.
April 30, 2026 07:00 AM
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According to a tweet from Rep. Anna Paulina Luna, the full House vote on the Farm Bill will be held until lawmakers return from recess.
April 29, 2026 02:50 PM
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Roger McEowen joins us to explain the USDA appeals process and how farmers should navigate adverse decisions and crop insurance disputes.
April 29, 2026 02:20 PM
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EPA’s approval gives citrus growers a new disease-fighting tool against greening at a time when production losses remain severe.
April 29, 2026 01:55 PM
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The House is moving forward with debate on the Farm Bill after a lengthy session in the House Rules Committee cleared the legislation for floor consideration.
April 29, 2026 11:28 AM
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